Our pivot point is at 51.5.
Our preference: The downside prevails as long as 51.5 is resistance, with 49.3 and 48.8 as targets
Alternative scenario: above 51.5, look for 52.4 and 52.9.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (50.6) but below its 50 period moving average (51.1).
Supports and resistances:
52.9 **
52.4 *
51.5 **
50.9 last
49.3
48.8 **
48.3 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-09-2026 at 10:48 UTC+1
Price reference: 50.9 last known on 11-09-2026 at 10:48 UTC+1
Investment horizon: INTRADAY
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