Our pivot point is at 94.62.
Our preference: as long as 94.62 is resistance look for 93.44
Alternative scenario: above 94.62, look for 95.03 and 95.27.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94.27 and 94.26).
Supports and resistances:
95.27 **
95.03 *
94.62 **
94.46
94.25 last
93.69
93.44 **
93.20 *
92.95 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-23-2025 at 01:18 UTC+1
Price reference: 94.26 last known on 06-23-2025 at 01:18 UTC+1
Investment horizon: INTRADAY
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