Our pivot point stands at 74.3.
Our preference: rebound.
Alternative scenario: the downside breakout of 74.3 would call for 72.2 and 71.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (75.7) but below its 50 period moving average (76.7).
Supports and resistances:
82.5 **
81.2 *
80.0 **
78.7
76.1 last
75.1
74.3 **
72.2 *
71.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-18-2025 at 10:44 UTC+1
Price reference: 76.1 last known on 12-18-2025 at 10:44 UTC+1
Investment horizon: INTRADAY
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