Pivot: 71.30
Our preference: short positions below 71.30 with targets at 69.70 & 69.00 in extension.
Alternative scenario: above 71.30 look for further upside with 72.10 & 73.40 as targets.
Comment: as long as 71.30 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
73.40
72.10
71.30
70.72 Last
69.70
69.00
68.35
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-17-2024 at 03:08 UTC+1
Price reference: 70.72 last known on 10-17-2024 at 03:08 UTC+1
Investment horizon: INTRADAY
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