Pivot: 47.60
Our preference: short positions below 47.60 with targets at 46.95 & 46.65 in extension.
Alternative scenario: above 47.60 look for further upside with 47.85 & 48.10 as targets.
Comment: as long as 47.60 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
48.10
47.85
47.60
47.29 Last
46.95
46.65
46.25
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-02-2025 at 08:47 UTC+1
Price reference: 47.29 last known on 10-02-2025 at 08:47 UTC+1
Investment horizon: INTRADAY
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