Pivot: 97.40
Our preference: short positions below 97.40 with targets at 94.15 & 93.00 in extension.
Alternative scenario: above 97.40 look for further upside with 98.70 & 99.60 as targets.
Comment: as long as 97.40 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
99.60
98.70
97.40
96.11 Last
94.15
93.00
91.65
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-27-2022 at 16:46 UTC+1
Price reference: 96.11 last known on 07-27-2022 at 16:46 UTC+1
Investment horizon: INTRADAY
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