93.14 is our pivot point.
Our preference: the downside prevails as long as 93.14 is resistance.
Alternative scenario: the upside breakout of 93.14, would call for 93.92 and 94.39.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 92.62 and 92.73).
Supports and resistances:
94.39 **
93.92 *
93.14 **
92.83
92.51 last
91.48
91.01 **
90.55 *
90.08 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-07-2025 at 22:22 UTC+1
Price reference: 92.51 last known on 05-07-2025 at 22:22 UTC+1
Investment horizon: INTRADAY
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