Our pivot point stands at 664.3.
Our preference: as long as 664.3 is support look for 689.
Alternative scenario: the downside breakout of 664.3 would call for 655.5 and 650.2.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (673.7) but above its 50 period moving average (669.3).
Supports and resistances:
699.6 **
694.3 *
689.0 **
683.8
672.5 last
667.8
664.3 **
655.5 *
650.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-26-2025 at 21:50 UTC+1
Price reference: 672.5 last known on 05-26-2025 at 21:50 UTC+1
Investment horizon: INTRADAY
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