Our pivot point stands at 1653.
Our preference: as long as 1653 is support look for 1752.
Alternative scenario: below 1653, expect 1619 and 1598.
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 1678 and 1637).
Supports and resistances:
1793 **
1773 *
1752 **
1731
1681 last
1667
1653 **
1619 *
1598 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-14-2023 at 04:01 UTC+1
Price reference: 1681 last known on 03-14-2023 at 04:01 UTC+1
Investment horizon: INTRADAY
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