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Cartbon Emissions - 4 hourly

Minipip
Cartbon Emissions - 4 hourly
16 May 2023, 10:37
article

Chart & Data from IG

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By Minipip
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Carbon emissions (EUETS) holds support and 50-SMA. MACD is trending down though.


Carbon continues to hold support on the 50-SMA, as well as further support at around €83.00. MACD is trending lower, with RSI reading 50.4 suggesting a neutral stance. Towards the upside, resistance sits at the 100 SMA at €89.44. A further break above here targets €90.75.

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