1642 is our pivot point.
Our preference: as long as 1642 is support look for 1723.
Alternative scenario: below 1642, expect 1612 and 1595.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (1666) but above its 50 period moving average (1618).
Supports and resistances:
1758 **
1741 *
1723 **
1705
1665 last
1653
1642 **
1612 *
1595 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-02-2023 at 09:18 UTC+1
Price reference: 1665 last known on 02-02-2023 at 09:18 UTC+1
Investment horizon: INTRADAY
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