Our pivot point is at 147.27.
Our preference: look for a drop towards 147.27 before a bounce
Alternative scenario: below 147.27, expect 146.78 and 146.49.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is below its 20 period moving average (147.69) but above its 50 period moving average (147.54).
Supports and resistances:
149.19 **
148.89 *
148.60 **
148.31
147.67 last
147.46
147.27 **
146.78 *
146.49 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-13-2025 at 03:01 UTC+1
Price reference: 147.67 last known on 09-13-2025 at 03:01 UTC+1
Investment horizon: INTRADAY
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