Our pivot point is at 6.30.
Our preference: The downside prevails as long as 6.30 is resistance, with 6.11 and 6.06 as targets
Alternative scenario: above 6.30, look for 6.38 and 6.44.
Comment: As prices close in on our first target, this level may spark a pullback. However, a definitive break below it could pave the way for a deeper decline.
Supports and resistances:
6.44 **
6.38 *
6.30 **
6.17 last
6.11
6.06 **
6.01 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-16-2026 at 21:10 UTC+1
Price reference: 6.17 last known on 08-16-2026 at 21:10 UTC+1
Investment horizon: INTRADAY
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