Our pivot point stands at 21920.
Our preference: as long as 21920 is support look for 22700.
Alternative scenario: the downside breakout of 21920 would call for 21620 and 21440.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 22158 and 21938).
Supports and resistances:
23050 **
22880 *
22700 **
22520
22163 last
22030
21920 **
21620 *
21440 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-15-2023 at 02:20 UTC+1
Price reference: 22163 last known on 02-15-2023 at 02:20 UTC+1
Investment horizon: INTRADAY
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