Our pivot point stands at 86570.
Our preference: the downside prevails as long as 86570 is resistance.
Alternative scenario: the upside breakout of 86570, would call for 87830 and 88590.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 86856 and 89605).
Supports and resistances:
88590 **
87830 *
86570 **
86080
85584 last
83850
83100 **
82350 *
81600 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-21-2025 at 04:04 UTC+1
Price reference: 85584 last known on 11-21-2025 at 04:04 UTC+1
Investment horizon: INTRADAY
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