Our pivot point is at 90.3.
Our preference: rebound.
Alternative scenario: the downside breakout of 90.3 would call for 87.4 and 85.7.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (91.2) but below its 50 period moving average (93).
Supports and resistances:
101.5 **
99.8 *
98.1 **
96.3
92.6 last
91.5
90.3 **
87.4 *
85.7 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-20-2025 at 00:49 UTC+1
Price reference: 92.6 last known on 11-20-2025 at 00:49 UTC+1
Investment horizon: INTRADAY
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