Our pivot point is at 94.47.
Our preference: the downside prevails as long as 94.47 is resistance
Alternative scenario: above 94.47, look for 94.88 and 95.12.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94.17 and 94.25).
Supports and resistances:
95.12 **
94.88 *
94.47 **
94.30
94.12 last
93.44
93.20 **
92.96 *
92.71 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-23-2025 at 06:45 UTC+1
Price reference: 94.12 last known on 06-23-2025 at 06:45 UTC+1
Investment horizon: INTRADAY
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