Our pivot point is at 4379.
Our preference: as long as 4379 is support look for 4673.
Alternative scenario: below 4379, expect 4266 and 4198.
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 4468 and 4404).
Supports and resistances:
4809 **
4741 *
4673 **
4605
4469 last
4424
4379 **
4266 *
4198 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2025 at 04:04 UTC+1
Price reference: 4469 last known on 09-04-2025 at 04:04 UTC+1
Investment horizon: INTRADAY
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