Our pivot point is at 159.56.
Our preference: The upside prevails as long as 159.56 is support, with 160.15 and 160.29 as targets
Alternative scenario: below 159.56, expect 159.31 and 159.17.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 159.23 and 158.97).
Supports and resistances:
160.44 *
160.29 **
160.15
159.85 last
159.56 **
159.31 *
159.17 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-11-2026 at 17:45 UTC+1
Price reference: 159.85 last known on 11-11-2026 at 17:45 UTC+1
Investment horizon: INTRADAY
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