54.7 is our pivot point.
Our preference: technical rebound towards 54.7 before a new drop.
Alternative scenario: the upside breakout of 54.7, would call for 56 and 56.7.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price stands above its 20 period moving average (53.5) but below its 50 period moving average (53.7).
Supports and resistances:
56.7 **
56.0 *
54.7 **
53.7 last
52.2
51.4 **
50.7 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-31-2026 at 06:06 UTC+1
Price reference: 53.7 last known on 03-31-2026 at 06:06 UTC+1
Investment horizon: INTRADAY
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