Our pivot point stands at 93.63.
Our preference: the downside prevails as long as 93.63 is resistance.
Alternative scenario: above 93.63, look for 94.42 and 94.89.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93.16 and 93.27).
Supports and resistances:
94.89 **
94.42 *
93.63 **
93.32
92.96 last
92.01
91.54 **
91.07 *
90.60 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-05-2025 at 22:32 UTC+1
Price reference: 92.96 last known on 05-05-2025 at 22:32 UTC+1
Investment horizon: INTRADAY
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