Our pivot point is at 166.52.
Our preference: as long as 166.52 is support look for 167.79
Alternative scenario: below 166.52, expect 166.08 and 165.82.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 166.86 and 166.56).
Supports and resistances:
168.31 **
168.05 *
167.79 **
167.53
167.00 last
166.69
166.52 **
166.08 *
165.82 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-16-2025 at 17:52 UTC+1
Price reference: 167.00 last known on 06-16-2025 at 17:52 UTC+1
Investment horizon: INTRADAY
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