Our pivot point is at 12.16.
Our preference: The downside prevails as long as 12.16 is resistance, with 11.56 and 11.39 as targets
Alternative scenario: above 12.16, look for 12.43 and 12.60.
Comment: The asset price is approaching our pivot level, which represents one of the last opportunities for the asset to reverse its recent trend.
Supports and resistances:
12.60 **
12.43 *
12.16 **
12.04 last
11.56
11.39 **
11.23 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2026 at 07:45 UTC+1
Price reference: 12.04 last known on 10-20-2026 at 07:45 UTC+1
Investment horizon: INTRADAY
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