Our pivot point stands at 119270.
Our preference: the upside prevails as long as 119270 is support.
Alternative scenario: below 119270, expect 118000 and 117240.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 119912 and 119071).
Supports and resistances:
124100 **
123350 *
122590 **
121830
120275 last
119770
119270 **
118000 *
117240 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-18-2025 at 06:02 UTC+1
Price reference: 120275 last known on 07-18-2025 at 06:02 UTC+1
Investment horizon: INTRADAY
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