Our pivot point is at 1261.2.
Our preference: target 715.5.
Alternative scenario: the upside breakout of 1261.2, would call for 1462.9 and 1582.9.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1174.9) but above its 50 period moving average (1037.5).
Supports and resistances:
1582.9 **
1462.9 *
1261.2 **
1182.0
1070.5 last
831.2
715.5 **
599.9 *
484.3 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2025 at 12:07 UTC+1
Price reference: 1070.5 last known on 10-21-2025 at 12:07 UTC+1
Investment horizon: ST
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