Our pivot point is at 48.1.
Our preference: Rebound towards 50.4
Alternative scenario: below 48.1, expect 47.5 and 47.1.
Comment: the RSI is above its neutrality area at 50. The price is below its 20 period moving average (49.2) but above its 50 period moving average (49.1).
Supports and resistances:
50.7 *
50.4 **
50.0
49.1 last
48.1 **
47.5 *
47.1 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-29-2026 at 07:45 UTC+1
Price reference: 49.2 last known on 08-29-2026 at 07:45 UTC+1
Investment horizon: INTRADAY
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