Pivot: 48.80
Our preference: short positions below 48.80 with targets at 47.85 & 47.50 in extension.
Alternative scenario: above 48.80 look for further upside with 49.05 & 49.35 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
49.35
49.05
48.80
48.35 Last
47.85
47.50
47.25
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-03-2025 at 02:20 UTC+1
Price reference: 48.35 last known on 11-03-2025 at 02:20 UTC+1
Investment horizon: INTRADAY
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