Pivot: 48.25
Our preference: long positions above 48.25 with targets at 48.75 & 49.15 in extension.
Alternative scenario: below 48.25 look for further downside with 48.00 & 47.70 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
49.45
49.15
48.75
48.52 Last
48.25
48.00
47.70
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-07-2025 at 08:45 UTC+1
Price reference: 48.52 last known on 10-07-2025 at 08:45 UTC+1
Investment horizon: INTRADAY
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