Our pivot point stands at 657.3.
Our preference: under pressure below 657.3.
Alternative scenario: the upside breakout of 657.3, would call for 664.5 and 668.8.
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 stands below its 20 and 50 period moving average (respectively at 655.3 and 651.9).
Supports and resistances:
668.8 **
664.5 *
657.3 **
651.2 last
642.3
638.0 **
633.7 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-11-2026 at 06:08 UTC+1
Price reference: 651.2 last known on 05-11-2026 at 06:08 UTC+1
Investment horizon: INTRADAY
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