Our pivot point is at 88.95.
Our preference: The upside prevails as long as 88.95 is support, with 89.65 and 89.84 as targets
Alternative scenario: below 88.95, expect 88.63 and 88.44.
Comment: Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
90.03 *
89.84 **
89.65
89.58 last
88.95 **
88.63 *
88.44 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-16-2026 at 13:00 UTC+1
Price reference: 89.58 last known on 10-16-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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