Pivot: 70.80
Our preference: short positions below 70.80 with targets at 69.70 & 69.00 in extension.
Alternative scenario: above 70.80 look for further upside with 71.30 & 72.10 as targets.
Comment: the break below 70.80 is a negative signal that has opened a path to 69.70.
Supports and resistances:
72.10
71.30
70.80
70.09 Last
69.70
69.00
68.35
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-16-2024 at 13:05 UTC+1
Price reference: 70.09 last known on 10-16-2024 at 13:05 UTC+1
Investment horizon: INTRADAY
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