84.8 is our pivot point.
Our preference: target 77.9.
Alternative scenario: the upside breakout of 84.8, would call for 87.4 and 89.
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 trading under its 20 period moving average (83) but above its 50 period moving average (82.4).
Supports and resistances:
89.0 **
87.4 *
84.8 **
83.8
82.8 last
79.5
77.9 **
76.4 *
74.9 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-23-2025 at 08:43 UTC+1
Price reference: 82.8 last known on 11-23-2025 at 08:43 UTC+1
Investment horizon: INTRADAY
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