109580 is our pivot point.
Our preference: the downside prevails as long as 109580 is resistance.
Alternative scenario: above 109580, look for 110950 and 111770.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 109497 and 109473).
Supports and resistances:
111770 **
110950 *
109580 **
109050
108485 last
106580
105770 **
104950 *
104140 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-22-2025 at 06:12 UTC+1
Price reference: 108485 last known on 10-22-2025 at 06:12 UTC+1
Investment horizon: INTRADAY
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