1462 is our pivot point.
Our preference: rebound towards 1558.
Alternative scenario: the downside breakout of 1462 would call for 1426 and 1405.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1509 and 1552).
Supports and resistances:
1600 **
1579 *
1558 **
1536
1491 last
1476
1462 **
1426 *
1405 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-08-2022 at 11:45 UTC+1
Price reference: 1491 last known on 11-08-2022 at 11:45 UTC+1
Investment horizon: INTRADAY
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