Our pivot point stands at 1103.9.
Our preference: the upside prevails as long as 1103.9 is support.
Alternative scenario: the downside breakout of 1103.9 would call for 1087.3 and 1077.3.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1106.8 and 1098.9).
Supports and resistances:
1170.0 **
1160.1 *
1150.1 **
1140.2
1117.7 last
1110.4
1103.9 **
1087.3 *
1077.3 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2025 at 01:07 UTC+1
Price reference: 1117.7 last known on 10-20-2025 at 01:07 UTC+1
Investment horizon: INTRADAY
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