Our pivot point is at 50.28.
Our preference: The downside prevails as long as 50.28 is resistance, with 48.35 and 47.90 as targets
Alternative scenario: above 50.28, look for 51.05 and 51.51.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands above its 20 period moving average (49.41) but below its 50 period moving average (50.57).
Supports and resistances:
51.51 **
51.05 *
50.28 **
49.67 last
48.35
47.90 **
47.44 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-02-2026 at 00:40 UTC+1
Price reference: 49.67 last known on 11-02-2026 at 00:40 UTC+1
Investment horizon: INTRADAY
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