Our pivot point is at 12.00.
Our preference: as long as 12 is support look for 13.02.
Alternative scenario: below 12.00, expect 11.61 and 11.38.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (12.33) but above its 50 period moving average (12.09).
Supports and resistances:
13.48 **
13.25 *
13.02 **
12.79
12.33 last
12.15
12.00 **
11.61 *
11.38 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-23-2025 at 08:45 UTC+1
Price reference: 12.33 last known on 11-23-2025 at 08:45 UTC+1
Investment horizon: INTRADAY
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