Our pivot point is at 108.44.
Our preference: the downside prevails as long as 108.44 is resistance
Alternative scenario: above 108.44, look for 110.37 and 111.52.
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 stands below its 20 and 50 period moving average (respectively at 106.76 and 107.20).
Supports and resistances:
111.52 **
110.37 *
108.44 **
107.68
106.60 last
104.04
102.90 **
101.76 *
100.62 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 09-15-2025 at 09:15 UTC+1
Price reference: 106.60 last known on 09-15-2025 at 09:15 UTC+1
Investment horizon: ST
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf