Our pivot point is at 7.36.
Our preference: The upside prevails as long as 7.36 is support, with 7.59 and 7.64 as targets
Alternative scenario: below 7.36, expect 7.28 and 7.23.
Comment: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend reversal.
Supports and resistances:
7.69 *
7.64 **
7.59
7.39 last
7.36 **
7.28 *
7.23 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 08-21-2026 at 15:30 UTC+1
Price reference: 7.40 last known on 08-21-2026 at 15:30 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf