Our pivot point stands at 72.2.
Our preference: as long as 72.2 is support look for 75.2.
Alternative scenario: below 72.2, expect 71.0 and 70.4.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 73 and 72).
Supports and resistances:
76.6 **
75.9 *
75.2 **
74.6
73.1 last
72.6
72.2 **
71.0 *
70.4 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-18-2024 at 06:06 UTC+1
Price reference: 73.1 last known on 10-18-2024 at 06:06 UTC+1
Investment horizon: INTRADAY
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