Our pivot point is at 100.0.
Our preference: the downside prevails as long as 100 is resistance.
Alternative scenario: the upside breakout of 100, would call for 101.9 and 103.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 99 and 99.6).
Supports and resistances:
103.0 **
101.9 *
100.0 **
99.3
98.1 last
95.8
94.7 **
93.6 *
92.5 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-03-2023 at 09:13 UTC+1
Price reference: 98.1 last known on 02-03-2023 at 09:13 UTC+1
Investment horizon: INTRADAY
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