16.06 is our pivot point.
Our preference: the downside prevails as long as 16.06 is resistance.
Alternative scenario: above 16.06, look for 16.52 and 16.80.
Comment: the RSI is below 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 15.91 and 15.91).
Supports and resistances:
16.80 **
16.52 *
16.06 **
15.88
15.70 last
15.15
14.88 **
14.60 *
14.33 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-22-2025 at 06:14 UTC+1
Price reference: 15.70 last known on 10-22-2025 at 06:14 UTC+1
Investment horizon: INTRADAY
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