Our pivot point stands at 103.6.
Our preference: the downside prevails as long as 103.6 is resistance.
Alternative scenario: above 103.6, look for 120.1 and 130.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94.6 and 90.2).
Supports and resistances:
130.0 **
120.1 *
103.6 **
97.1
89.7 last
69.7
60.0 **
50.3 *
40.6 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-03-2025 at 12:06 UTC+1
Price reference: 89.7 last known on 06-03-2025 at 12:06 UTC+1
Investment horizon: ST
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