Short positions below 27.70 with targets at 25.60 & 24.60 in extension.

Pivot: 27.70

Our preference: short positions below 27.70 with targets at 25.60 & 24.60 in extension.

Alternative scenario: above 27.70 look for further upside with 28.70 & 29.80 as targets.

Comment: as long as 27.70 is resistance, expect a return to 25.60.

Supports and resistances:
29.80
28.70
27.70
26.47 Last
25.60
24.60
23.56

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-09-2018 at 09:21 UTC+1
Price reference: 26.47 last known on 07-09-2018 at 09:21 UTC+1
Investment horizon: ST

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