Our pivot point is at 45.0.
Our preference: as long as 45.0 is support look for 46.8
Alternative scenario: below 45.0, expect 44.4 and 44.0.
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 45.4 and 45.0).
Supports and resistances:
47.2 *
46.8 **
46.4
45.6 last
45.0 **
44.4 *
44.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-18-2026 at 10:01 UTC+1
Price reference: 45.6 last known on 07-18-2026 at 10:01 UTC+1
Investment horizon: INTRADAY
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