Our pivot point is at 18.77.
Our preference: rebound towards 20.02.
Alternative scenario: below 18.77, expect 18.30 and 18.02.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (19.12) but under its 50 period moving average (19.22).
Supports and resistances:
20.58 **
20.30 *
20.02 **
19.74
19.17 last
18.96
18.77 **
18.30 *
18.02 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-08-2025 at 15:01 UTC+1
Price reference: 19.17 last known on 10-08-2025 at 15:01 UTC+1
Investment horizon: INTRADAY
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