Our pivot point stands at 1614.
Our preference: rebound towards 1694.
Alternative scenario: below 1614, expect 1585 and 1567.
Comment: the RSI is below 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 1644 and 1662).
Supports and resistances:
1728 **
1711 *
1694 **
1676
1639 last
1625
1614 **
1585 *
1567 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-03-2023 at 09:13 UTC+1
Price reference: 1639 last known on 02-03-2023 at 09:13 UTC+1
Investment horizon: INTRADAY
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