Our pivot point is at 3070.
Our preference: the upside prevails as long as 3070 is support.
Alternative scenario: the downside breakout of 3070 would call for 2990 and 2943.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3099 and 3073).
Supports and resistances:
3374 **
3327 *
3280 **
3232
3136 last
3101
3070 **
2990 *
2943 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-08-2025 at 08:43 UTC+1
Price reference: 3136 last known on 12-08-2025 at 08:43 UTC+1
Investment horizon: INTRADAY
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