Our pivot point is at 198.70.
Our preference: as long as 198.70 is support look for 200.49
Alternative scenario: below 198.70, expect 198.03 and 197.62.
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 199.20 and 199.10).
Supports and resistances:
201.29 **
200.89 *
200.49 **
200.09
199.25 last
198.96
198.70 **
198.03 *
197.62 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-09-2025 at 01:15 UTC+1
Price reference: 199.25 last known on 07-09-2025 at 01:15 UTC+1
Investment horizon: INTRADAY
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