Pivot: 16920.00
Our preference: short positions below 16920.00 with targets at 16730.00 & 16640.00 in extension.
Alternative scenario: above 16920.00 look for further upside with 17030.00 & 17170.00 as targets.
Comment: as long as 16920.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
17170.00
17030.00
16920.00
16830.00 Last
16730.00
16640.00
16510.00
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-16-2024 at 05:06 UTC+1
Price reference: 16830.00 last known on 01-16-2024 at 05:06 UTC+1
Investment horizon: INTRADAY
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