Pivot: 40.95
Our preference: short positions below 40.95 with targets at 40.55 & 40.40 in extension.
Alternative scenario: above 40.95 look for further upside with 41.10 & 41.30 as targets.
Comment: as long as 40.95 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
41.30
41.10
40.95
40.70 Last
40.55
40.40
40.25
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-08-2025 at 05:07 UTC+1
Price reference: 40.70 last known on 09-08-2025 at 05:07 UTC+1
Investment horizon: INTRADAY
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