1292.4 is our pivot point.
Our preference: as long as 1292.4 is support look for 1365.9.
Alternative scenario: the downside breakout of 1292.4 would call for 1267.2 and 1252.2.
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 1306.1 and 1282.2).
Supports and resistances:
1396.1 **
1381.0 *
1365.9 **
1350.8
1317.5 last
1302.4
1292.4 **
1267.2 *
1252.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-08-2025 at 21:49 UTC+1
Price reference: 1317.5 last known on 10-08-2025 at 21:49 UTC+1
Investment horizon: INTRADAY
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