Our pivot point stands at 15.63.
Our preference: the upside prevails as long as 15.63 is support.
Alternative scenario: the downside breakout of 15.63 would call for 15.16 and 14.88.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 15.70 and 15.90).
Supports and resistances:
17.40 **
17.12 *
16.84 **
16.56
16.01 last
15.81
15.63 **
15.16 *
14.88 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2025 at 15:02 UTC+1
Price reference: 16.01 last known on 10-21-2025 at 15:02 UTC+1
Investment horizon: INTRADAY
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