Pivot: 70.65
Our preference: short positions below 70.65 with targets at 69.85 & 69.40 in extension.
Alternative scenario: above 70.65 look for further upside with 71.00 & 71.50 as targets.
Comment: as long as the resistance at 70.65 is not surpassed, the risk of the break below 69.85 remains high.
Supports and resistances:
71.50
71.00
70.65
70.29 Last
69.85
69.40
68.90
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-25-2024 at 11:33 UTC+1
Price reference: 70.29 last known on 10-25-2024 at 11:33 UTC+1
Investment horizon: INTRADAY
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