Our pivot point is at 56.04.
Our preference: The downside prevails as long as 56.04 is resistance, with 54.08 and 53.54 as targets
Alternative scenario: above 56.04, look for 56.94 and 57.47.
Comment: As prices close in on our first target, this level may spark a pullback. However, a definitive break below it could pave the way for a deeper decline.
Supports and resistances:
57.47 **
56.94 *
56.04 **
54.76 last
54.08
53.54 **
53.01 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-22-2026 at 21:35 UTC+1
Price reference: 54.76 last known on 10-22-2026 at 21:35 UTC+1
Investment horizon: INTRADAY
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