Our pivot point is at 80.0.
Our preference: rebound.
Alternative scenario: the downside breakout of 80 would call for 77.4 and 75.9.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (82) but under its 50 period moving average (82.3).
Supports and resistances:
90.0 **
88.5 *
86.9 **
85.4
82.3 last
81.0
80.0 **
77.4 *
75.9 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-22-2025 at 21:16 UTC+1
Price reference: 82.3 last known on 11-22-2025 at 21:16 UTC+1
Investment horizon: INTRADAY
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