Our pivot point stands at 2149.
Our preference: as long as 2149 is support look for 3678.
Alternative scenario: below 2149, expect 1586 and 1251.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2565 and 2175).
Supports and resistances:
4363 **
4020 *
3678 **
3335
2616 last
2370
2149 **
1586 *
1251 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-03-2025 at 12:06 UTC+1
Price reference: 2616 last known on 06-03-2025 at 12:06 UTC+1
Investment horizon: ST
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