Pivot: 47.50
Our preference: long positions above 47.50 with targets at 48.25 & 48.55 in extension.
Alternative scenario: below 47.50 look for further downside with 47.20 & 46.85 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
48.85
48.55
48.25
47.92 Last
47.50
47.20
46.85
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-06-2025 at 00:40 UTC+1
Price reference: 47.92 last known on 11-06-2025 at 00:40 UTC+1
Investment horizon: INTRADAY
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