Our pivot point is at 51.1.
Our preference: The downside prevails as long as 51.1 is resistance, with 48.4 and 47.8 as targets
Alternative scenario: above 51.1, look for 52.1 and 52.7.
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:
52.7 **
52.1 *
51.1 **
48.6 last
48.4
47.8 **
47.2 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-12-2026 at 15:30 UTC+1
Price reference: 48.6 last known on 11-12-2026 at 15:30 UTC+1
Investment horizon: INTRADAY
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