859.5 is our pivot point.
Our preference: the downside prevails as long as 859.5 is resistance.
Alternative scenario: the upside breakout of 859.5, would call for 872.1 and 879.7.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 854.2 and 852.7).
Supports and resistances:
879.7 **
872.1 *
859.5 **
854.5
848.3 last
832.5
825.0 **
817.5 *
810.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2025 at 10:40 UTC+1
Price reference: 848.3 last known on 09-04-2025 at 10:40 UTC+1
Investment horizon: INTRADAY
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