Pivot: 4110
Our preference: short positions below 4110 with targets at 4030 & 3997 in extension.
Alternative scenario: above 4110 look for further upside with 4130 & 4145 as targets.
Comment: as long as 4110 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4145
4130
4110
4065 Last
4030
3997
3970
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 11-20-2025 at 11:17 UTC+1
Price reference: 4065 last known on 11-20-2025 at 11:17 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf


























