Our pivot point is at 93630.
Our preference: the upside prevails as long as 93630 is support.
Alternative scenario: below 93630, expect 91560 and 90330.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 95073 and 94898).
Supports and resistances:
101530 **
100300 *
99060 **
97830
95347 last
94450
93630 **
91560 *
90330 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-29-2025 at 21:50 UTC+1
Price reference: 95347 last known on 04-29-2025 at 21:50 UTC+1
Investment horizon: INTRADAY
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