Our pivot point is at 147.66.
Our preference: technical rebound towards 147.66 before a new drop
Alternative scenario: above 147.66, look for 148.16 and 148.46.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (147.08) but below its 50 period moving average (147.22).
Supports and resistances:
148.46 **
148.16 *
147.66 **
147.46
147.17 last
146.55
146.25 **
145.95 *
145.65 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-16-2025 at 05:02 UTC+1
Price reference: 147.17 last known on 08-16-2025 at 05:02 UTC+1
Investment horizon: INTRADAY
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