Our pivot point stands at 22.07.
Our preference: the upside prevails as long as 22.07 is support.
Alternative scenario: the downside breakout of 22.07 would call for 21.52 and 21.19.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 22.42 and 22.30).
Supports and resistances:
24.14 **
23.81 *
23.49 **
23.16
22.50 last
22.28
22.07 **
21.52 *
21.19 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-17-2025 at 08:48 UTC+1
Price reference: 22.50 last known on 08-17-2025 at 08:48 UTC+1
Investment horizon: INTRADAY
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