Our pivot point is at 58.11.
Our preference: The downside prevails as long as 58.11 is resistance, with 56.71 and 56.40 as targets
Alternative scenario: above 58.11, look for 58.64 and 58.96.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands above its 20 period moving average (57.65) but below its 50 period moving average (58.62).
Supports and resistances:
58.96 **
58.64 *
58.11 **
57.66 last
56.71
56.40 **
56.08 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-24-2026 at 01:30 UTC+1
Price reference: 57.66 last known on 07-24-2026 at 01:30 UTC+1
Investment horizon: INTRADAY
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