Our pivot point stands at 88010.
Our preference: target 84550.
Alternative scenario: the upside breakout of 88010, would call for 89290 and 90050.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (87138) but above its 50 period moving average (86858).
Supports and resistances:
90050 **
89290 *
88010 **
87500
87000 last
85310
84550 **
83790 *
83030 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-24-2025 at 08:41 UTC+1
Price reference: 87000 last known on 11-24-2025 at 08:41 UTC+1
Investment horizon: INTRADAY
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