Our pivot point stands at 91.7.
Our preference: the downside prevails as long as 91.7 is resistance.
Alternative scenario: above 91.7, look for 93.2 and 94.1.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 90.6 and 91).
Supports and resistances:
94.1 **
93.2 *
91.7 **
91.1
90.3 last
88.4
87.5 **
86.6 *
85.7 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-04-2024 at 04:21 UTC+1
Price reference: 90.3 last known on 03-04-2024 at 04:21 UTC+1
Investment horizon: INTRADAY
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