Our pivot point is at 12.20.
Our preference: The upside prevails as long as 12.20 is support, with 12.88 and 13.05 as targets
Alternative scenario: below 12.20, expect 11.91 and 11.74.
Comment: With prices now approaching our initial target, this level may prompt a throwback. That said, a decisive break above it could also act as a catalyst for further upside.
Supports and resistances:
13.22 *
13.05 **
12.88
12.66 last
12.20 **
11.91 *
11.74 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2026 at 18:08 UTC+1
Price reference: 12.67 last known on 10-21-2026 at 18:08 UTC+1
Investment horizon: INTRADAY
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