Pivot: 77.80
Our preference: short positions below 77.80 with targets at 76.50 & 76.15 in extension.
Alternative scenario: above 77.80 look for further upside with 78.20 & 78.50 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
78.50
78.20
77.80
77.03 Last
76.50
76.15
75.65
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 01-20-2025 at 11:30 UTC+1
Price reference: 77.03 last known on 01-20-2025 at 11:30 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf