Our pivot point is at 167.00.
Our preference: as long as 167.00 is support look for 168.26
Alternative scenario: below 167.00, expect 166.57 and 166.30.
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 below its 20 period moving average (167.39) but above its 50 period moving average (167.16).
Supports and resistances:
168.78 **
168.52 *
168.26 **
168.00
167.38 last
167.18
167.00 **
166.57 *
166.30 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-20-2025 at 10:51 UTC+1
Price reference: 167.38 last known on 06-20-2025 at 10:51 UTC+1
Investment horizon: INTRADAY
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