Our pivot point is at 160.51.
Our preference: The downside prevails as long as 160.51 is resistance, with 158.23 and 158.07 as targets
Alternative scenario: above 160.51, look for 160.79 and 160.96.
Comment: The approach toward our first target represents a key level to monitor, it may trigger pressure for a pullback, though a firm close below this threshold could lead prices lower.
Supports and resistances:
160.96 **
160.79 *
160.51 **
159.04 last
158.23
158.07 **
157.90 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-31-2026 at 21:35 UTC+1
Price reference: 159.04 last known on 07-31-2026 at 21:35 UTC+1
Investment horizon: INTRADAY
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