Pivot: 109.00
Our preference: long positions above 109.00 with targets at 111.40 & 112.40 in extension.
Alternative scenario: below 109.00 look for further downside with 107.20 & 106.00 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
114.00
112.40
111.40
110.10 Last
109.00
107.20
106.00
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-05-2022 at 05:40 UTC+1
Price reference: 110.10 last known on 07-05-2022 at 05:40 UTC+1
Investment horizon: INTRADAY
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