Our pivot point stands at 845.0.
Our preference: as long as 845 is support look for 878.9.
Alternative scenario: below 845.0, expect 832.3 and 824.7.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (855.9) but above its 50 period moving average (852.9).
Supports and resistances:
894.1 **
886.5 *
878.9 **
871.4
855.4 last
850.0
845.0 **
832.3 *
824.7 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2025 at 02:07 UTC+1
Price reference: 855.4 last known on 09-04-2025 at 02:07 UTC+1
Investment horizon: INTRADAY
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