Our pivot point stands at 200.25.
Our preference: the downside prevails as long as 200.25 is resistance.
Alternative scenario: above 200.25, look for 201.09 and 201.59.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 199.58 and 199.54).
Supports and resistances:
201.59 **
201.09 *
200.25 **
199.92
199.46 last
198.32
197.83 **
197.33 *
196.83 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-18-2025 at 22:30 UTC+1
Price reference: 199.46 last known on 07-18-2025 at 22:30 UTC+1
Investment horizon: INTRADAY
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