Our pivot point stands at 90.2.
Our preference: rebound towards 97.7.
Alternative scenario: below 90.2, expect 87.3 and 85.5.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (92.4) but under its 50 period moving average (92.9).
Supports and resistances:
101.1 **
99.4 *
97.7 **
96.0
92.4 last
91.3
90.2 **
87.3 *
85.5 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-21-2023 at 06:46 UTC+1
Price reference: 92.4 last known on 07-21-2023 at 06:46 UTC+1
Investment horizon: INTRADAY
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