Our pivot point is at 113.1.
Our preference: as long as 113.1 is support look for 120.2.
Alternative scenario: the downside breakout of 113.1 would call for 110.4 and 108.7.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 115.2 and 114.6).
Supports and resistances:
123.4 **
121.8 *
120.2 **
118.5
115.3 last
114.2
113.1 **
110.4 *
108.7 **
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 09-17-2025 at 04:04 UTC+1
Price reference: 115.3 last known on 09-17-2025 at 04:04 UTC+1
Investment horizon: INTRADAY
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