Pivot: 58.90
Our preference: long positions above 58.90 with targets at 59.60 & 60.00 in extension.
Alternative scenario: below 58.90 look for further downside with 58.50 & 58.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
60.35
60.00
59.60
59.10 Last
58.90
58.50
58.00
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-20-2026 at 08:54 UTC+1
Price reference: 59.10 last known on 01-20-2026 at 08:54 UTC+1
Investment horizon: INTRADAY
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