24040 is our pivot point.
Our preference: as long as 24040 is support look for 25450.
Alternative scenario: below 24040, expect 23560 and 23270.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 24258 and 23267).
Supports and resistances:
26020 **
25740 *
25450 **
25160
24430 last
24220
24040 **
23560 *
23270 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-14-2023 at 04:00 UTC+1
Price reference: 24430 last known on 03-14-2023 at 04:00 UTC+1
Investment horizon: INTRADAY
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