Pivot: 62.45
Our preference: short positions below 62.45 with targets at 61.65 & 61.30 in extension.
Alternative scenario: above 62.45 look for further upside with 62.80 & 63.25 as targets.
Comment: as long as 62.45 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
63.25
62.80
62.45
62.17 Last
61.65
61.30
60.80
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-18-2025 at 09:48 UTC+1
Price reference: 62.17 last known on 08-18-2025 at 09:48 UTC+1
Investment horizon: INTRADAY
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