3904 is our pivot point.
Our preference: rebound towards 4169.
Alternative scenario: the downside breakout of 3904 would call for 3806 and 3748.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3988 and 4007).
Supports and resistances:
4285 **
4227 *
4169 **
4111
3981 last
3942
3904 **
3806 *
3748 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2025 at 01:17 UTC+1
Price reference: 3981 last known on 10-21-2025 at 01:17 UTC+1
Investment horizon: INTRADAY
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