173.45 is our pivot point.
Our preference: the downside prevails as long as 173.45 is resistance.
Alternative scenario: above 173.45, look for 174.13 and 174.53.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 173.28 and 173.26).
Supports and resistances:
174.53 **
174.13 *
173.45 **
173.18
172.85 last
172.00
171.60 **
171.19 *
170.79 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-28-2025 at 11:19 UTC+1
Price reference: 172.85 last known on 04-28-2025 at 11:19 UTC+1
Investment horizon: INTRADAY
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