Our pivot point is at 53.36.
Our preference: The downside prevails as long as 53.36 is resistance, with 51.22 and 50.69 as targets
Alternative scenario: above 53.36, look for 54.26 and 54.79.
Comment: With prices nearing our first target, a pullback may emerge, though a clean break below could accelerate the downside.
Supports and resistances:
54.79 **
54.26 *
53.36 **
51.34 last
51.22
50.69 **
50.16 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-10-2026 at 17:45 UTC+1
Price reference: 51.34 last known on 11-10-2026 at 17:45 UTC+1
Investment horizon: INTRADAY
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