Our pivot point stands at 96940.
Our preference: as long as 96940 is support look for 101630.
Alternative scenario: the downside breakout of 96940 would call for 95120 and 94030.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 98174 and 98110).
Supports and resistances:
103810 **
102720 *
101630 **
100550
98375 last
97660
96940 **
95120 *
94030 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-25-2024 at 15:02 UTC+1
Price reference: 98375 last known on 12-25-2024 at 15:02 UTC+1
Investment horizon: INTRADAY
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