Our pivot point is at 158.32.
Our preference: The downside prevails as long as 158.32 is resistance, with 157.63 and 157.50 as targets
Alternative scenario: above 158.32, look for 158.53 and 158.65.
Comment: Prices are now within reach of our first target, a level that could trigger a pullback. On the flip side, a decisive break below it may extend the current decline.
Supports and resistances:
158.65 **
158.53 *
158.32 **
157.85 last
157.63
157.50 **
157.38 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-05-2026 at 07:00 UTC+1
Price reference: 157.85 last known on 11-05-2026 at 07:00 UTC+1
Investment horizon: INTRADAY
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