Our pivot point stands at 82.3.
Our preference: the downside prevails as long as 82.3 is resistance.
Alternative scenario: above 82.3, look for 84.8 and 86.3.
Comment: the RSI is below 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 80.8 and 81.5).
Supports and resistances:
86.3 **
84.8 *
82.3 **
81.3
80.3 last
77.0
75.5 **
74.0 *
72.5 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-07-2024 at 09:19 UTC+1
Price reference: 80.3 last known on 05-07-2024 at 09:19 UTC+1
Investment horizon: INTRADAY
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