Our pivot point is at 15.55.
Our preference: as long as 15.55 is support look for 16.64.
Alternative scenario: the downside breakout of 15.55 would call for 15.12 and 14.87.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 15.85 and 15.61).
Supports and resistances:
17.15 **
16.89 *
16.64 **
16.39
15.88 last
15.72
15.55 **
15.12 *
14.87 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2025 at 01:04 UTC+1
Price reference: 15.88 last known on 10-20-2025 at 01:04 UTC+1
Investment horizon: INTRADAY
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