Our pivot point is at 159.33.
Our preference: The downside prevails as long as 159.33 is resistance, with 158.66 and 158.48 as targets
Alternative scenario: above 159.33, look for 159.63 and 159.80.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (159.06) but below its 50 period moving average (159.14).
Supports and resistances:
159.80 **
159.63 *
159.33 **
159.13 last
158.66
158.48 **
158.30 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-17-2026 at 11:00 UTC+1
Price reference: 159.13 last known on 08-17-2026 at 11:00 UTC+1
Investment horizon: INTRADAY
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