Our pivot point is at 198.28.
Our preference: The downside prevails as long as 198.28 is resistance, with 197.15 and 196.84 as targets
Alternative scenario: above 198.28, look for 198.80 and 199.11.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (197.81) but below its 50 period moving average (197.85).
Supports and resistances:
199.11 **
198.80 *
198.28 **
197.83 last
197.15
196.84 **
196.54 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-27-2026 at 07:01 UTC+1
Price reference: 197.83 last known on 08-27-2026 at 07:01 UTC+1
Investment horizon: INTRADAY
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