84.6 is our pivot point.
Our preference: as long as 84.6 is support look for 89.5.
Alternative scenario: the downside breakout of 84.6 would call for 82.7 and 81.6.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 86.1 and 84.9).
Supports and resistances:
91.7 **
90.6 *
89.5 **
88.4
86.2 last
85.3
84.6 **
82.7 *
81.6 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-14-2025 at 08:51 UTC+1
Price reference: 86.2 last known on 06-14-2025 at 08:51 UTC+1
Investment horizon: INTRADAY
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