Our pivot point is at 197.86.
Our preference: as long as 197.86 is support look for 199.68
Alternative scenario: below 197.86, expect 197.18 and 196.78.
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 198.41 and 197.97).
Supports and resistances:
200.49 **
200.09 *
199.68 **
199.28
198.43 last
198.13
197.86 **
197.18 *
196.78 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-26-2025 at 01:15 UTC+1
Price reference: 198.43 last known on 06-26-2025 at 01:15 UTC+1
Investment horizon: INTRADAY
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