Our pivot point is at 167.79.
Our preference: as long as 167.79 is support look for 169.02
Alternative scenario: below 167.79, expect 167.35 and 167.09.
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 168.10 and 167.68).
Supports and resistances:
169.54 **
169.28 *
169.02 **
168.75
168.15 last
167.96
167.79 **
167.35 *
167.09 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-23-2025 at 01:18 UTC+1
Price reference: 168.15 last known on 06-23-2025 at 01:18 UTC+1
Investment horizon: INTRADAY
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