Our pivot point stands at 195.85.
Our preference: as long as 195.85 is support look for 197.98.
Alternative scenario: the downside breakout of 195.85 would call for 195.03 and 194.53.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (196.51) but above its 50 period moving average (196.19).
Supports and resistances:
198.96 **
198.47 *
197.98 **
197.49
196.50 last
196.18
195.85 **
195.03 *
194.53 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-21-2025 at 00:07 UTC+1
Price reference: 196.50 last known on 06-21-2025 at 00:07 UTC+1
Investment horizon: INTRADAY
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