Our pivot point stands at 1680.
Our preference: as long as 1680 is support look for 1756.
Alternative scenario: below 1680, expect 1653 and 1636.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (1704) but above its 50 period moving average (1694).
Supports and resistances:
1789 **
1772 *
1756 **
1739
1702 last
1691
1680 **
1653 *
1636 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-20-2023 at 22:15 UTC+1
Price reference: 1702 last known on 02-20-2023 at 22:15 UTC+1
Investment horizon: INTRADAY
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