Our pivot point is at 894.1.
Our preference: as long as 894.1 is support look for 955.8.
Alternative scenario: below 894.1, expect 870.5 and 856.4.
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 909.2 and 884.7).
Supports and resistances:
984.0 **
969.9 *
955.8 **
941.7
912.7 last
903.4
894.1 **
870.5 *
856.4 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-04-2025 at 06:04 UTC+1
Price reference: 912.7 last known on 12-04-2025 at 06:04 UTC+1
Investment horizon: INTRADAY
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