Our pivot point is at 96.80.
Our preference: as long as 96.80 is support look for 97.50
Alternative scenario: below 96.80, expect 96.55 and 96.40.
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 96.93 and 96.78).
Supports and resistances:
97.79 **
97.64 *
97.50 **
97.35
97.05 last
96.89
96.80 **
96.55 *
96.40 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-03-2025 at 10:45 UTC+1
Price reference: 97.05 last known on 09-03-2025 at 10:45 UTC+1
Investment horizon: INTRADAY
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