Our pivot point stands at 110900.
Our preference: the upside prevails as long as 110900 is support.
Alternative scenario: the downside breakout of 110900 would call for 109490 and 108640.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 110579 and 109929).
Supports and resistances:
116340 **
115500 *
114660 **
113820
112108 last
111460
110900 **
109490 *
108640 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2025 at 21:16 UTC+1
Price reference: 112108 last known on 10-21-2025 at 21:16 UTC+1
Investment horizon: INTRADAY
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