Our pivot point stands at 13.49.
Our preference: the downside prevails as long as 13.49 is resistance.
Alternative scenario: above 13.49, look for 13.82 and 14.01.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 13.30 and 13.27).
Supports and resistances:
14.01 **
13.82 *
13.49 **
13.36
13.23 last
12.84
12.64 **
12.45 *
12.25 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-14-2025 at 08:54 UTC+1
Price reference: 13.23 last known on 06-14-2025 at 08:54 UTC+1
Investment horizon: INTRADAY
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