Our pivot point is at 168.75.
Our preference: as long as 168.75 is support look for 170.45.
Alternative scenario: the downside breakout of 168.75 would call for 168.11 and 167.73.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 169.19 and 168.71).
Supports and resistances:
171.21 **
170.83 *
170.45 **
170.07
169.29 last
169.00
168.75 **
168.11 *
167.73 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-25-2025 at 21:45 UTC+1
Price reference: 169.29 last known on 06-25-2025 at 21:45 UTC+1
Investment horizon: INTRADAY
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