175.18 is our pivot point.
Our preference: the downside prevails as long as 175.18 is resistance.
Alternative scenario: above 175.18, look for 175.70 and 176.01.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 174.98 and 175.07).
Supports and resistances:
176.01 **
175.70 *
175.18 **
174.98
174.72 last
174.03
173.72 **
173.41 *
173.10 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-30-2025 at 06:26 UTC+1
Price reference: 174.72 last known on 05-30-2025 at 06:26 UTC+1
Investment horizon: INTRADAY
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