Our pivot point stands at 90530.
Our preference: as long as 90530 is support look for 94200.
Alternative scenario: below 90530, expect 89130 and 88300.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 91476 and 88899).
Supports and resistances:
95870 **
95040 *
94200 **
93370
91666 last
91090
90530 **
89130 *
88300 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-03-2025 at 02:04 UTC+1
Price reference: 91666 last known on 12-03-2025 at 02:04 UTC+1
Investment horizon: INTRADAY
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