Pivot: 69.20
Our preference: long positions above 69.20 with targets at 77.50 & 80.00 in extension.
Alternative scenario: below 69.20 look for further downside with 65.70 & 62.00 as targets.
Comment: the RSI is mixed and calls for caution.
Supports and resistances:
84.50 ***
80.00 ***
77.50 ***
70.81 Last
69.20 ***
65.70 **
62.00 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-16-2024 at 04:36 UTC+1
Price reference: 70.81 last known on 10-16-2024 at 04:36 UTC+1
Investment horizon: ST
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