Our pivot point stands at 86.72.
Our preference: the upside prevails as long as 86.72 is support.
Alternative scenario: the downside breakout of 86.72 would call for 86.12 and 85.77.
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 above its 20 and 50 period moving average (respectively at 87.01 and 86.81).
Supports and resistances:
89.08 **
88.73 *
88.37 **
88.02
87.26 last
86.95
86.72 **
86.12 *
85.77 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-05-2025 at 21:31 UTC+1
Price reference: 87.26 last known on 11-05-2025 at 21:31 UTC+1
Investment horizon: INTRADAY
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