Our pivot point stands at 666.7.
Our preference: the upside prevails as long as 666.7 is support.
Alternative scenario: below 666.7, expect 653.8 and 646.1.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 669.8 and 671.3).
Supports and resistances:
716.0 **
708.3 *
700.7 **
693.0
677.1 last
671.7
666.7 **
653.8 *
646.1 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-30-2025 at 06:04 UTC+1
Price reference: 677.1 last known on 01-30-2025 at 06:04 UTC+1
Investment horizon: INTRADAY
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