Our pivot point is at 15.73.
Our preference: as long as 15.73 is support look for 16.80.
Alternative scenario: the downside breakout of 15.73 would call for 15.34 and 15.10.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 15.97 and 15.71).
Supports and resistances:
17.27 **
17.04 *
16.80 **
16.57
16.05 last
15.88
15.73 **
15.34 *
15.10 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-16-2025 at 07:57 UTC+1
Price reference: 16.05 last known on 07-16-2025 at 07:57 UTC+1
Investment horizon: INTRADAY
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