Pivot: 37.25
Our preference: short positions below 37.25 with targets at 36.63 & 36.45 in extension.
Alternative scenario: above 37.25 look for further upside with 37.50 & 37.70 as targets.
Comment: the RSI has struck against a major resistance around 70% and is reversing down.
Supports and resistances:
37.70
37.50
37.25
37.03 Last
36.63
36.45
36.25
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 06-17-2025 at 13:29 UTC+1
Price reference: 37.03 last known on 06-17-2025 at 13:29 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