84.1 is our pivot point.
Our preference: the downside prevails as long as 84.1 is resistance.
Alternative scenario: above 84.1, look for 86.1 and 87.3.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 82.4 and 83.7).
Supports and resistances:
87.3 **
86.1 *
84.1 **
83.3
81.4 last
79.0
77.8 **
76.6 *
75.5 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-20-2023 at 15:04 UTC+1
Price reference: 81.4 last known on 03-20-2023 at 15:04 UTC+1
Investment horizon: INTRADAY
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