Pivot: 78.40
Our preference: long positions above 78.40 with targets at 79.40 & 79.95 in extension.
Alternative scenario: below 78.40 look for further downside with 78.05 & 77.65 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
80.45
79.95
79.40
79.05 Last
78.40
78.05
77.65
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-16-2024 at 07:05 UTC+1
Price reference: 79.05 last known on 05-16-2024 at 07:05 UTC+1
Investment horizon: INTRADAY
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