Our pivot point is at 172.68.
Our preference: as long as 172.68 is support look for 174.43.
Alternative scenario: the downside breakout of 172.68 would call for 172.03 and 171.64.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 173.16 and 173.01).
Supports and resistances:
175.21 **
174.82 *
174.43 **
174.04
173.23 last
172.94
172.68 **
172.03 *
171.64 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-12-2025 at 22:44 UTC+1
Price reference: 173.23 last known on 09-12-2025 at 22:44 UTC+1
Investment horizon: INTRADAY
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