Our pivot point is at 59.79.
Our preference: The upside prevails as long as 59.79 is support, with 62.23 and 62.87 as targets
Alternative scenario: below 59.79, expect 58.71 and 58.07.
Comment: Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
63.52 *
62.87 **
62.23
61.58 last
59.79 **
58.71 *
58.07 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-05-2026 at 09:40 UTC+1
Price reference: 61.58 last known on 08-05-2026 at 09:40 UTC+1
Investment horizon: INTRADAY
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