Pivot: 70.70
Our preference: short positions below 70.70 with targets at 69.60 & 69.15 in extension.
Alternative scenario: above 70.70 look for further upside with 71.10 & 71.60 as targets.
Comment: as long as 70.70 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
71.60
71.10
70.70
70.30 Last
69.60
69.15
68.70
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-13-2024 at 08:56 UTC+1
Price reference: 70.30 last known on 12-13-2024 at 08:56 UTC+1
Investment horizon: INTRADAY
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