674.6 is our pivot point.
Our preference: the downside prevails as long as 674.6 is resistance.
Alternative scenario: above 674.6, look for 683.4 and 688.6.
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 is trading under both its 20 and 50 period moving average (respectively at 678.7 and 679.8).
Supports and resistances:
688.6 **
683.4 *
674.6 **
671.2
666.7 last
655.9
650.6 **
645.4 *
640.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-23-2025 at 21:51 UTC+1
Price reference: 666.7 last known on 05-23-2025 at 21:51 UTC+1
Investment horizon: INTRADAY
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