Our pivot point is at 109.44.
Our preference: The upside prevails as long as 109.44 is support, with 110.29 and 110.51 as targets
Alternative scenario: below 109.44, expect 109.07 and 108.85.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is below its 20 period moving average (109.89) but above its 50 period moving average (109.56).
Supports and resistances:
110.73 *
110.51 **
110.29
109.85 last
109.44 **
109.07 *
108.85 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-01-2026 at 13:00 UTC+1
Price reference: 109.85 last known on 10-01-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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