Pivot: 70.00
Our preference: long positions above 70.00 with targets at 71.45 & 72.10 in extension.
Alternative scenario: below 70.00 look for further downside with 69.45 & 69.00 as targets.
Comment: a support base at 70.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
72.70
72.10
71.45
70.62 Last
70.00
69.45
69.00
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-18-2024 at 11:41 UTC+1
Price reference: 70.62 last known on 10-18-2024 at 11:41 UTC+1
Investment horizon: INTRADAY
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