Our pivot point is at 58.8.
Our preference: Under pressure below 58.8, with 56.7 and 56.2 as targets
Alternative scenario: above 58.8, look for 59.6 and 60.1.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (57.5) but below its 50 period moving average (58.1).
Supports and resistances:
60.1 **
59.6 *
58.8 **
57.8 last
56.7
56.2 **
55.7 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-29-2026 at 12:54 UTC+1
Price reference: 57.8 last known on 10-29-2026 at 12:54 UTC+1
Investment horizon: INTRADAY
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