67540 is our pivot point.
Our preference: the downside prevails as long as 67540 is resistance.
Alternative scenario: the upside breakout of 67540, would call for 68660 and 69330.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67184 and 67567).
Supports and resistances:
69330 **
68660 *
67540 **
67100
66650 last
65260
64600 **
63930 *
63260 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 06-13-2024 at 22:50 UTC+1
Price reference: 66650 last known on 06-13-2024 at 22:50 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf