Pivot: 36.80
Our preference: short positions below 36.80 with targets at 36.40 & 35.80 in extension.
Alternative scenario: above 36.80 look for further upside with 37.00 & 37.25 as targets.
Comment: as long as 36.80 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
37.25
37.00
36.80
36.51 Last
36.40
35.80
35.50
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-01-2025 at 13:08 UTC+1
Price reference: 36.51 last known on 08-01-2025 at 13:08 UTC+1
Investment horizon: INTRADAY
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