Our pivot point is at 48.7.
Our preference: The upside prevails as long as 48.7 is support, with 50.1 and 50.3 as targets
Alternative scenario: below 48.7, expect 48.2 and 48.0.
Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
50.6 *
50.3 **
50.1
49.0 last
48.7 **
48.2 *
48.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 09-02-2026 at 04:01 UTC+1
Price reference: 49.0 last known on 09-02-2026 at 04:01 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf