Our pivot point stands at 171.96.
Our preference: the upside prevails as long as 171.96 is support.
Alternative scenario: the downside breakout of 171.96 would call for 171.30 and 170.92.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 172.39 and 172.37).
Supports and resistances:
174.48 **
174.09 *
173.71 **
173.32
172.50 last
172.21
171.96 **
171.30 *
170.92 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-18-2025 at 21:53 UTC+1
Price reference: 172.50 last known on 08-18-2025 at 21:53 UTC+1
Investment horizon: INTRADAY
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