Our pivot point stands at 638.9.
Our preference: as long as 638.9 is support look for 661.2.
Alternative scenario: below 638.9, expect 631.1 and 626.4.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 645.7 and 645.4).
Supports and resistances:
670.5 **
665.8 *
661.2 **
656.5
646.5 last
641.9
638.9 **
631.1 *
626.4 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-28-2025 at 08:49 UTC+1
Price reference: 646.5 last known on 06-28-2025 at 08:49 UTC+1
Investment horizon: INTRADAY
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