1547 is our pivot point.
Our preference: rebound towards 1621.
Alternative scenario: below 1547, expect 1520 and 1503.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (1565) but under its 50 period moving average (1589).
Supports and resistances:
1654 **
1637 *
1621 **
1604
1570 last
1558
1547 **
1520 *
1503 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-31-2023 at 04:31 UTC+1
Price reference: 1570 last known on 01-31-2023 at 04:31 UTC+1
Investment horizon: INTRADAY
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