Pivot: 38.70
Our preference: short positions below 38.70 with targets at 38.20 & 37.90 in extension.
Alternative scenario: above 38.70 look for further upside with 38.85 & 39.05 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
39.05
38.85
38.70
38.36 Last
38.20
37.90
37.65
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-27-2025 at 11:44 UTC+1
Price reference: 38.36 last known on 08-27-2025 at 11:44 UTC+1
Investment horizon: INTRADAY
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