Our pivot point is at 107.63.
Our preference: the upside prevails as long as 107.63 is support
Alternative scenario: below 107.63, expect 107.26 and 107.04.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 107.49 and 107.09).
Supports and resistances:
109.12 **
108.89 *
108.67 **
108.45
107.99 last
107.78
107.63 **
107.26 *
107.04 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-29-2026 at 00:15 UTC+1
Price reference: 107.99 last known on 01-29-2026 at 00:15 UTC+1
Investment horizon: INTRADAY
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