19660 is our pivot point.
Our preference: as long as 19660 is support look for 21230.
Alternative scenario: below 19660, expect 19060 and 18710.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 20027 and 19769).
Supports and resistances:
21940 **
21580 *
21230 **
20870
20158 last
19900
19660 **
19060 *
18710 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-14-2022 at 06:41 UTC+1
Price reference: 20158 last known on 07-14-2022 at 06:41 UTC+1
Investment horizon: INTRADAY
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