Our pivot point stands at 86.7.
Our preference: rebound towards 90.7.
Alternative scenario: the downside breakout of 86.7 would call for 85.3 and 84.4.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 88.3 and 89).
Supports and resistances:
92.5 **
91.6 *
90.7 **
89.8
88.0 last
87.3
86.7 **
85.3 *
84.4 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-10-2024 at 22:12 UTC+1
Price reference: 88.0 last known on 03-10-2024 at 22:12 UTC+1
Investment horizon: INTRADAY
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