Our pivot point is at 85.73.
Our preference: the upside prevails as long as 85.73 is support.
Alternative scenario: below 85.73, expect 85.14 and 84.80.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 86.04 and 86.04).
Supports and resistances:
87.96 **
87.61 *
87.26 **
86.91
86.21 last
85.96
85.73 **
85.14 *
84.80 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-02-2025 at 22:07 UTC+1
Price reference: 86.21 last known on 05-02-2025 at 22:07 UTC+1
Investment horizon: INTRADAY
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