Pivot: 38.42
Our preference: short positions below 38.42 with targets at 37.90 & 37.70 in extension.
Alternative scenario: above 38.42 look for further upside with 38.60 & 38.70 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
38.70
38.60
38.42
38.22 Last
37.90
37.70
37.50
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-27-2025 at 13:10 UTC+1
Price reference: 38.22 last known on 08-27-2025 at 13:10 UTC+1
Investment horizon: INTRADAY
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