Our pivot point is at 107900.
Our preference: as long as 107900 is support look for 110680.
Alternative scenario: the downside breakout of 107900 would call for 106820 and 106170.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (108877) but above its 50 period moving average (107851).
Supports and resistances:
111970 **
111330 *
110680 **
110040
108750 last
108320
107900 **
106820 *
106170 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2025 at 01:34 UTC+1
Price reference: 108750 last known on 10-20-2025 at 01:34 UTC+1
Investment horizon: INTRADAY
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