Our pivot point stands at 23520.
Our preference: as long as 23520 is support look for 24400.
Alternative scenario: below 23520, expect 23200 and 23010.
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 below its 20 period moving average (23852) but above its 50 period moving average (23421).
Supports and resistances:
24780 **
24590 *
24400 **
24210
23770 last
23650
23520 **
23200 *
23010 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-02-2023 at 09:17 UTC+1
Price reference: 23770 last known on 02-02-2023 at 09:17 UTC+1
Investment horizon: INTRADAY
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