Our pivot point stands at 12.31.
Our preference: as long as 12.31 is support look for 13.38.
Alternative scenario: the downside breakout of 12.31 would call for 11.92 and 11.68.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 12.57 and 12.42).
Supports and resistances:
13.86 **
13.62 *
13.38 **
13.15
12.66 last
12.47
12.31 **
11.92 *
11.68 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-23-2025 at 21:19 UTC+1
Price reference: 12.66 last known on 11-23-2025 at 21:19 UTC+1
Investment horizon: INTRADAY
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