Our pivot point stands at 743.5.
Our preference: the downside prevails as long as 743.5 is resistance.
Alternative scenario: the upside breakout of 743.5, would call for 755.6 and 762.8.
Comment: the RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 740.9 and 745).
Supports and resistances:
762.8 **
755.6 *
743.5 **
733.0 last
717.7
710.5 **
703.4 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-22-2026 at 10:52 UTC+1
Price reference: 733.0 last known on 10-22-2026 at 10:52 UTC+1
Investment horizon: INTRADAY
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