Our pivot point stands at 629.5.
Our preference: the upside prevails as long as 629.5 is support.
Alternative scenario: below 629.5, expect 622.4 and 618.2.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 631.3 and 628.3).
Supports and resistances:
652.3 *
648.1 **
643.9
635.5 last
629.5 **
622.4 *
618.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-06-2026 at 06:03 UTC+1
Price reference: 635.5 last known on 05-06-2026 at 06:03 UTC+1
Investment horizon: INTRADAY
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