Our pivot point stands at 41480.
Our preference: rebound towards 43130.
Alternative scenario: the downside breakout of 41480 would call for 40860 and 40490.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 42026 and 42262).
Supports and resistances:
43860 **
43490 *
43130 **
42760
41963 last
41720
41480 **
40860 *
40490 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-30-2023 at 09:17 UTC+1
Price reference: 41963 last known on 12-30-2023 at 09:17 UTC+1
Investment horizon: INTRADAY
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