Our pivot point is at 107.40.
Our preference: as long as 107.40 is support look for 117.36
Alternative scenario: below 107.40, expect 103.93 and 101.86.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 109.89 and 107.93).
Supports and resistances:
119.44 *
117.36 **
115.27
110.98 last
107.40 **
103.93 *
101.86 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-09-2026 at 09:15 UTC+1
Price reference: 110.98 last known on 03-09-2026 at 09:15 UTC+1
Investment horizon: ST
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