Our pivot point stands at 2755.
Our preference: as long as 2755 is support look for 2918.
Alternative scenario: the downside breakout of 2755 would call for 2694 and 2657.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2804 and 2671).
Supports and resistances:
2992 **
2955 *
2918 **
2881
2806 last
2780
2755 **
2694 *
2657 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-04-2025 at 04:06 UTC+1
Price reference: 2806 last known on 02-04-2025 at 04:06 UTC+1
Investment horizon: INTRADAY
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