Our pivot point is at 157.33.
Our preference: as long as 157.33 is resistance look for 155.84
Alternative scenario: above 157.33, look for 157.87 and 158.19.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price stands below its 20 and 50 period moving average (respectively at 156.93 and 156.93).
Supports and resistances:
158.19 **
157.87 *
157.33 **
157.12
156.91 last
156.16
155.84 **
155.52 *
155.20 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-05-2026 at 21:22 UTC+1
Price reference: 156.91 last known on 02-05-2026 at 21:22 UTC+1
Investment horizon: INTRADAY
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