Pivot: 49.10
Our preference: short positions below 49.10 with targets at 48.25 & 47.85 in extension.
Alternative scenario: above 49.10 look for further upside with 49.35 & 49.75 as targets.
Comment: as long as 49.10 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
49.75
49.35
49.10
48.62 Last
48.25
47.85
47.50
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-31-2025 at 21:47 UTC+1
Price reference: 48.62 last known on 10-31-2025 at 21:47 UTC+1
Investment horizon: INTRADAY
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