Our pivot point is at 11.86.
Our preference: The upside prevails as long as 11.86 is support, with 12.52 and 12.69 as targets
Alternative scenario: below 11.86, expect 11.58 and 11.41.
Comment: With prices now approaching our initial target, this level may prompt a throwback. That said, a decisive break above it could also act as a catalyst for further upside.
Supports and resistances:
12.85 *
12.69 **
12.52
12.32 last
11.86 **
11.58 *
11.41 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2026 at 07:45 UTC+1
Price reference: 12.32 last known on 10-21-2026 at 07:45 UTC+1
Investment horizon: INTRADAY
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