122410 is our pivot point.
Our preference: the upside prevails as long as 122410 is support.
Alternative scenario: the downside breakout of 122410 would call for 121060 and 120250.
Comment: the RSI is above its neutrality area at 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 122994 and 122310).
Supports and resistances:
127790 **
126980 *
126180 **
125370
123507 last
122940
122410 **
121060 *
120250 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-08-2025 at 21:49 UTC+1
Price reference: 123507 last known on 10-08-2025 at 21:49 UTC+1
Investment horizon: INTRADAY
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