Pivot: 48.65
Our preference: long positions above 48.65 with targets at 49.75 & 50.30 in extension.
Alternative scenario: below 48.65 look for further downside with 48.25 & 47.85 as targets.
Comment: a support base at 48.65 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
50.90
50.30
49.75
48.94 Last
48.65
48.25
47.85
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-31-2025 at 12:29 UTC+1
Price reference: 48.94 last known on 10-31-2025 at 12:29 UTC+1
Investment horizon: INTRADAY
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