Our pivot point is at 59.3.
Our preference: The upside prevails as long as 59.3 is support, with 62.0 and 62.7 as targets
Alternative scenario: below 59.3, expect 58.3 and 57.6.
Comment: With prices now approaching our initial target, this level may prompt a throwback. That said, a decisive break above it could also act as a catalyst for further upside.
Supports and resistances:
63.3 *
62.7 **
62.0
61.1 last
59.3 **
58.3 *
57.6 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-16-2026 at 07:45 UTC+1
Price reference: 61.1 last known on 10-16-2026 at 07:45 UTC+1
Investment horizon: INTRADAY
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