Our pivot point is at 55.4.
Our preference: In spite of the current correction, a rebound near 57.9 is expected as long as 55.4 is still intact
Alternative scenario: below 55.4, expect 54.6 and 54.1.
Comment: Prices are now within reach of our first target, a level that could invite the price to consolidate. On the flip side, a clear break above it may well sustain the upward move.
Supports and resistances:
58.4 *
57.9 **
57.4
56.8 last
55.4 **
54.6 *
54.1 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-27-2026 at 21:10 UTC+1
Price reference: 56.8 last known on 10-27-2026 at 21:10 UTC+1
Investment horizon: INTRADAY
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