Our pivot point stands at 108150.
Our preference: as long as 108150 is support look for 111130.
Alternative scenario: the downside breakout of 108150 would call for 107060 and 106420.
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 108858 and 107824).
Supports and resistances:
112420 **
111780 *
111130 **
110480
109000 last
108570
108150 **
107060 *
106420 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2025 at 01:07 UTC+1
Price reference: 109000 last known on 10-20-2025 at 01:07 UTC+1
Investment horizon: INTRADAY
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