Citigroup ST : rebound towards 68.93
The configuration is mixed.
Our pivot point is at 59.45.
Our preference: rebound towards 68.93
Alternative scenario: below 59.45, expect 56.27 and 54.37.
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 stands below its 20 and 50 period moving average (respectively at 65.95 and 71.85).
Supports and resistances:
72.79 **
70.86 *
68.93 **
67.00
62.69 USD - last
60.70
59.45 **
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