85450 is our pivot point.
Our preference: the downside prevails as long as 85450 is resistance.
Alternative scenario: above 85450, look for 87280 and 88370.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 84238 and 84083).
Supports and resistances:
88370 **
87280 *
85450 **
84730
83979 last
81800
80720 **
79630 *
78540 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 04-17-2025 at 06:05 UTC+1
Price reference: 83979 last known on 04-17-2025 at 06:05 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf