Our pivot point is at 148.18.
Our preference: target 146.79
Alternative scenario: above 148.18, look for 148.69 and 148.99.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (147.95) but above its 50 period moving average (147.70).
Supports and resistances:
148.99 **
148.69 *
148.18 **
147.98
147.75 last
147.09
146.79 **
146.48 *
146.18 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-27-2025 at 18:20 UTC+1
Price reference: 147.75 last known on 08-27-2025 at 18:20 UTC+1
Investment horizon: INTRADAY
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