Our pivot point is at 117.30.
Our preference: target 116.22
Alternative scenario: above 117.30, look for 117.69 and 117.92.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (117.01) but above its 50 period moving average (116.91).
Supports and resistances:
117.92 **
117.69 *
117.30 **
116.93 last
116.46
116.22 **
115.99 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-12-2026 at 10:35 UTC+1
Price reference: 116.93 last known on 03-12-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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