Our pivot point is at 174.12.
Our preference: rebound towards 175.73
Alternative scenario: below 174.12, expect 173.58 and 173.26.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 174.64 and 174.79).
Supports and resistances:
176.38 **
176.06 *
175.73 **
175.41
174.55 last
174.34
174.12 **
173.58 *
173.26 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-02-2025 at 10:45 UTC+1
Price reference: 174.55 last known on 06-02-2025 at 10:45 UTC+1
Investment horizon: INTRADAY
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