Our pivot point stands at 59.2.
Our preference: the downside prevails as long as 59.2 is resistance.
Alternative scenario: above 59.2, look for 59.9 and 60.3.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 59.4 and 58.9).
Supports and resistances:
60.3 **
59.9 *
59.2 **
58.7 last
57.8
57.4 **
57.0 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-11-2026 at 06:12 UTC+1
Price reference: 58.7 last known on 05-11-2026 at 06:12 UTC+1
Investment horizon: INTRADAY
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