Pivot: 78.70
Our preference: short positions below 78.70 with targets at 77.50 & 77.00 in extension.
Alternative scenario: above 78.70 look for further upside with 79.35 & 79.85 as targets.
Comment: the break below 78.70 is a negative signal that has opened a path to 77.50.
Supports and resistances:
79.85
79.35
78.70
77.89 Last
77.50
77.00
76.15
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-16-2025 at 13:19 UTC+1
Price reference: 77.89 last known on 01-16-2025 at 13:19 UTC+1
Investment horizon: INTRADAY
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