Our pivot point is at 113.29.
Our preference: the downside prevails as long as 113.29 is resistance.
Alternative scenario: the upside breakout of 113.29, would call for 114.25 and 114.81.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 112.57 and 112.72).
Supports and resistances:
114.81 **
114.25 *
113.29 **
112.51 last
111.30
110.73 **
110.17 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-05-2026 at 06:12 UTC+1
Price reference: 112.51 last known on 05-05-2026 at 06:12 UTC+1
Investment horizon: INTRADAY
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