Our pivot point is at 604.4.
Our preference: look for a drop towards 604.4 before a bounce.
Alternative scenario: the downside breakout of 604.4 would call for 590.9 and 582.9.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI would call for further downside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 614.6 and 612.8).
Supports and resistances:
648.4 *
640.4 **
632.3
615.1 last
604.4 **
590.9 *
582.9 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-31-2026 at 04:03 UTC+1
Price reference: 615.1 last known on 03-31-2026 at 04:03 UTC+1
Investment horizon: INTRADAY
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