Our pivot point is at 865.7.
Our preference: target 832.3.
Alternative scenario: the upside breakout of 865.7, would call for 878.5 and 886.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (856.3) but above its 50 period moving average (853.3).
Supports and resistances:
886.0 **
878.5 *
865.7 **
860.7
855.1 last
839.9
832.3 **
824.8 *
817.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2025 at 04:03 UTC+1
Price reference: 855.1 last known on 09-04-2025 at 04:03 UTC+1
Investment horizon: INTRADAY
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