Our pivot point is at 102820.
Our preference: the downside prevails as long as 102820 is resistance.
Alternative scenario: above 102820, look for 104400 and 105340.
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 stands below its 20 and 50 period moving average (respectively at 102558 and 103962).
Supports and resistances:
105340 **
104400 *
102820 **
102200
101454 last
99580
98640 **
97700 *
96760 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-06-2025 at 02:05 UTC+1
Price reference: 101454 last known on 06-06-2025 at 02:05 UTC+1
Investment horizon: INTRADAY
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