Pivot: 38.75
Our preference: long positions above 38.75 with targets at 39.12 & 39.25 in extension.
Alternative scenario: below 38.75 look for further downside with 38.63 & 38.47 as targets.
Comment: a support base at 38.75 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
39.50
39.25
39.12
38.96 Last
38.75
38.63
38.47
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-29-2025 at 11:34 UTC+1
Price reference: 38.96 last known on 08-29-2025 at 11:34 UTC+1
Investment horizon: INTRADAY
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