Pivot: 80.00
Our preference: short positions below 80.00 with targets at 62.00 & 57.00 in extension.
Alternative scenario: above 80.00 look for further upside with 87.50 & 95.00 as targets.
Comment: as long as 80.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
95.00 **
87.50 ***
80.00 ***
70.02 Last
62.00 ***
57.00 ***
50.00 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-11-2024 at 04:12 UTC+1
Price reference: 70.02 last known on 11-11-2024 at 04:12 UTC+1
Investment horizon: MT
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