23.13 is our pivot point.
Our preference: rebound towards 25.07.
Alternative scenario: the downside breakout of 23.13 would call for 22.41 and 21.98.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 23.83 and 24.19).
Supports and resistances:
25.93 **
25.50 *
25.07 **
24.64
23.70 last
23.42
23.13 **
22.41 *
21.98 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-20-2025 at 04:07 UTC+1
Price reference: 23.70 last known on 08-20-2025 at 04:07 UTC+1
Investment horizon: INTRADAY
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