Pivot: 39.00
Our preference: long positions above 39.00 with targets at 39.50 & 39.65 in extension.
Alternative scenario: below 39.00 look for further downside with 38.70 & 38.40 as targets.
Comment: a support base at 39.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
39.85
39.65
39.50
39.19 Last
39.00
38.70
38.40
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-24-2025 at 03:36 UTC+1
Price reference: 39.19 last known on 07-24-2025 at 03:36 UTC+1
Investment horizon: INTRADAY
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