106690 is our pivot point.
Our preference: as long as 106690 is support look for 110210.
Alternative scenario: the downside breakout of 106690 would call for 105430 and 104670.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 107417 and 106736).
Supports and resistances:
111720 **
110970 *
110210 **
109450
107780 last
107190
106690 **
105430 *
104670 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-25-2025 at 21:52 UTC+1
Price reference: 107780 last known on 06-25-2025 at 21:52 UTC+1
Investment horizon: INTRADAY
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