Pivot: 57.15
Our preference: long positions above 57.15 with targets at 58.90 & 59.65 in extension.
Alternative scenario: below 57.15 look for further downside with 56.40 & 55.55 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
60.40
59.65
58.90
58.17 Last
57.15
56.40
55.55
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-05-2025 at 13:09 UTC+1
Price reference: 58.17 last known on 12-05-2025 at 13:09 UTC+1
Investment horizon: INTRADAY
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