87.88 is our pivot point.
Our preference: rebound towards 89.51.
Alternative scenario: below 87.88, expect 87.28 and 86.92.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (88.40) but under its 50 period moving average (88.50).
Supports and resistances:
90.23 **
89.87 *
89.51 **
89.15
88.41 last
88.12
87.88 **
87.28 *
86.92 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-29-2025 at 21:40 UTC+1
Price reference: 88.41 last known on 07-29-2025 at 21:40 UTC+1
Investment horizon: INTRADAY
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