Our pivot point is at 50.0.
Our preference: The downside prevails as long as 50.0 is resistance, with 48.6 and 48.2 as targets
Alternative scenario: above 50.0, look for 50.6 and 50.9.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 49.8 and 49.9).
Supports and resistances:
50.9 **
50.6 *
50.0 **
49.1 last
48.6
48.2 **
47.8 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-28-2026 at 07:45 UTC+1
Price reference: 49.1 last known on 08-28-2026 at 07:45 UTC+1
Investment horizon: INTRADAY
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