Our pivot point is at 53.20.
Our preference: The downside prevails as long as 53.20 is resistance, with 50.63 and 50.14 as targets
Alternative scenario: above 53.20, look for 54.04 and 54.54.
Comment: The price stands above its 20 period moving average (51.75) but below its 50 period moving average (52.05).
Supports and resistances:
54.54 **
54.04 *
53.20 **
52.03 last
50.63
50.14 **
49.65 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-06-2026 at 13:00 UTC+1
Price reference: 52.03 last known on 11-06-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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