Our pivot point is at 198.86.
Our preference: The downside prevails as long as 198.86 is resistance, with 197.80 and 197.53 as targets
Alternative scenario: above 198.86, look for 199.32 and 199.59.
Comment: the RSI is below its neutrality area at 50. The price stands below its 20 and 50 period moving average (respectively at 198.50 and 198.47).
Supports and resistances:
199.59 **
199.32 *
198.86 **
198.40 last
197.80
197.53 **
197.25 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-24-2026 at 10:35 UTC+1
Price reference: 198.40 last known on 08-24-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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