1357 is our pivot point.
Our preference: the downside prevails as long as 1357 is resistance.
Alternative scenario: the upside breakout of 1357, would call for 1397 and 1420.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1332 and 1345).
Supports and resistances:
1420 **
1397 *
1357 **
1342
1326 last
1273
1250 **
1226 *
1203 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-21-2022 at 10:08 UTC+1
Price reference: 1326 last known on 09-21-2022 at 10:08 UTC+1
Investment horizon: ST
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