Our pivot point stands at 16.42.
Our preference: as long as 16.42 is support look for 17.81.
Alternative scenario: below 16.42, expect 15.89 and 15.57.
Comment: the RSI is above its neutrality area at 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 16.81 and 16.71).
Supports and resistances:
18.44 **
18.12 *
17.81 **
17.49
16.83 last
16.62
16.42 **
15.89 *
15.57 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-18-2025 at 19:38 UTC+1
Price reference: 16.83 last known on 10-18-2025 at 19:38 UTC+1
Investment horizon: INTRADAY
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