Our pivot point stands at 115.0.
Our preference: rebound towards 123.2.
Alternative scenario: the downside breakout of 115 would call for 112.5 and 111.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 118.5 and 119.5).
Supports and resistances:
126.2 **
124.7 *
123.2 **
121.6
118.0 last
116.0
115.0 **
112.5 *
111.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-07-2025 at 08:49 UTC+1
Price reference: 118.0 last known on 10-07-2025 at 08:49 UTC+1
Investment horizon: INTRADAY
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