Our pivot point stands at 23.12.
Our preference: as long as 23.12 is support look for 25.08.
Alternative scenario: below 23.12, expect 22.38 and 21.93.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 23.75 and 23.55).
Supports and resistances:
25.97 **
25.52 *
25.08 **
24.63
23.75 last
23.41
23.12 **
22.38 *
21.93 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2025 at 02:08 UTC+1
Price reference: 23.75 last known on 09-04-2025 at 02:08 UTC+1
Investment horizon: INTRADAY
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