Pivot: 38.80
Our preference: short positions below 38.80 with targets at 38.35 & 38.10 in extension.
Alternative scenario: above 38.80 look for further upside with 39.05 & 39.25 as targets.
Comment: as long as 38.80 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
39.25
39.05
38.80
38.68 Last
38.35
38.10
37.90
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-27-2025 at 01:39 UTC+1
Price reference: 38.68 last known on 08-27-2025 at 01:39 UTC+1
Investment horizon: INTRADAY
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