Our pivot point stands at 87.16.
Our preference: as long as 87.16 is support look for 88.74.
Alternative scenario: the downside breakout of 87.16 would call for 86.56 and 86.21.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (87.69) but above its 50 period moving average (87.44).
Supports and resistances:
89.45 **
89.09 *
88.74 **
88.38
87.67 last
87.39
87.16 **
86.56 *
86.21 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-25-2025 at 21:47 UTC+1
Price reference: 87.67 last known on 06-25-2025 at 21:47 UTC+1
Investment horizon: INTRADAY
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