Our pivot point is at 12.83.
Our preference: The downside prevails as long as 12.83 is resistance, with 12.04 and 11.83 as targets
Alternative scenario: above 12.83, look for 13.19 and 13.40.
Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
13.40 **
13.19 *
12.83 **
12.69 last
12.04
11.83 **
11.61 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-08-2026 at 18:08 UTC+1
Price reference: 12.69 last known on 09-08-2026 at 18:08 UTC+1
Investment horizon: INTRADAY
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