Our pivot point is at 198.86.
Our preference: The downside prevails as long as 198.86 is resistance, with 197.80 and 197.53 as targets
Alternative scenario: above 198.86, look for 199.32 and 199.59.
Comment: With prices nearing our first target, a pullback may emerge, though a clean break below could accelerate the downside.
Supports and resistances:
199.59 **
199.32 *
198.86 **
198.16 last
197.80
197.53 **
197.25 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-25-2026 at 07:01 UTC+1
Price reference: 198.16 last known on 08-25-2026 at 07:01 UTC+1
Investment horizon: INTRADAY
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