Our pivot point is at 66100.
Our preference: the downside prevails as long as 66100 is resistance.
Alternative scenario: the upside breakout of 66100, would call for 67320 and 68040.
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 is trading under both its 20 and 50 period moving average (respectively at 66579 and 67297).
Supports and resistances:
68040 **
67320 *
66100 **
65630
64871 last
63230
62520 **
61800 *
61080 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-19-2024 at 07:03 UTC+1
Price reference: 64871 last known on 03-19-2024 at 07:03 UTC+1
Investment horizon: INTRADAY
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