Visa ST : the downside prevails as long as 347.74 is resistance

Our pivot point is at 347.74.

Our preference: the downside prevails as long as 347.74 is resistance

Alternative scenario: above 347.74, look for 356.91 and 362.37.

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 345.68 and 346.47).

Supports and resistances:

362.37 **

356.91 *

347.74 **

344.14

340.03 USD - last

322.78

317.44 **