Our pivot point is at 41330.
Our preference: as long as 41330 is support look for 43040.
Alternative scenario: the downside breakout of 41330 would call for 40690 and 40320.
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 41677 and 41138).
Supports and resistances:
43790 **
43420 *
43040 **
42660
41842 last
41570
41330 **
40690 *
40320 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-04-2023 at 21:53 UTC+1
Price reference: 41842 last known on 12-04-2023 at 21:53 UTC+1
Investment horizon: INTRADAY
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