Pivot: 70.20
Our preference: short positions below 70.20 with targets at 69.50 & 68.80 in extension.
Alternative scenario: above 70.20 look for further upside with 70.50 & 70.75 as targets.
Comment: as long as the resistance at 70.20 is not surpassed, the risk of the break below 69.50 remains high.
Supports and resistances:
70.75
70.50
70.20
69.71 Last
69.50
68.80
68.35
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-17-2024 at 13:04 UTC+1
Price reference: 69.71 last known on 12-17-2024 at 13:04 UTC+1
Investment horizon: INTRADAY
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