163.43 is our pivot point.
Our preference: rebound.
Alternative scenario: the downside breakout of 163.43 would call for 162.81 and 162.44.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (163.79) but below its 50 period moving average (164.08).
Supports and resistances:
165.79 **
165.42 *
165.05 **
164.68
163.93 last
163.67
163.43 **
162.81 *
162.44 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-02-2025 at 22:05 UTC+1
Price reference: 163.93 last known on 05-02-2025 at 22:05 UTC+1
Investment horizon: INTRADAY
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