Our pivot point is at 197.90.
Our preference: the downside prevails as long as 197.90 is resistance.
Alternative scenario: the upside breakout of 197.90, would call for 198.73 and 199.23.
Comment: the RSI is below 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 197.27 and 197.33).
Supports and resistances:
199.23 **
198.73 *
197.90 **
197.58
197.20 last
196.17
195.67 **
195.18 *
194.68 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-24-2025 at 22:01 UTC+1
Price reference: 197.20 last known on 06-24-2025 at 22:01 UTC+1
Investment horizon: INTRADAY
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