Our pivot point is at 96.77.
Our preference: the upside prevails as long as 96.77 is support
Alternative scenario: below 96.77, expect 95.16 and 94.20.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.41 and 96.31).
Supports and resistances:
103.22 **
102.26 *
101.30 **
100.34
98.20 last
97.40
96.77 **
95.16 *
94.20 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-15-2025 at 09:15 UTC+1
Price reference: 98.20 last known on 09-15-2025 at 09:15 UTC+1
Investment horizon: ST
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