Pivot: 61.30
Our preference: short positions below 61.30 with targets at 59.85 & 59.55 in extension.
Alternative scenario: above 61.30 look for further upside with 61.75 & 62.20 as targets.
Comment: as long as 61.30 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
62.20
61.75
61.30
60.52 Last
59.85
59.55
58.90
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-23-2025 at 14:32 UTC+1
Price reference: 60.52 last known on 05-23-2025 at 14:32 UTC+1
Investment horizon: INTRADAY
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