Our pivot point stands at 109680.
Our preference: rebound towards 113110.
Alternative scenario: below 109680, expect 108490 and 107790.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (110840) but below its 50 period moving average (111487).
Supports and resistances:
114530 **
113820 *
113110 **
112400
110962 last
110140
109680 **
108490 *
107790 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2025 at 14:59 UTC+1
Price reference: 110962 last known on 09-04-2025 at 14:59 UTC+1
Investment horizon: INTRADAY
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