Our pivot point is at 171.58.
Our preference: as long as 171.58 is support look for 172.65
Alternative scenario: below 171.58, expect 171.18 and 170.94.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 171.87 and 171.70).
Supports and resistances:
173.12 **
172.89 *
172.65 **
172.41
171.93 last
171.73
171.58 **
171.18 *
170.94 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-09-2025 at 01:15 UTC+1
Price reference: 171.93 last known on 07-09-2025 at 01:15 UTC+1
Investment horizon: INTRADAY
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