Pivot: 59.10
Our preference: short positions below 59.10 with targets at 58.60 & 58.30 in extension.
Alternative scenario: above 59.10 look for further upside with 59.35 & 59.60 as targets.
Comment: as long as 59.10 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
59.60
59.35
59.10
58.91 Last
58.60
58.30
57.85
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 12-03-2025 at 09:03 UTC+1
Price reference: 58.91 last known on 12-03-2025 at 09:03 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf