Our pivot point is at 48.7.
Our preference: The upside prevails as long as 48.7 is support, with 50.1 and 50.3 as targets
Alternative scenario: below 48.7, expect 48.2 and 48.0.
Comment: Prices are now close to our first target. Reaching this level could trigger a throwback. Conversely, a clear break above it could help drive the asset price higher.
Supports and resistances:
50.6 *
50.3 **
50.1
49.8 last
48.7 **
48.2 *
48.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-01-2026 at 18:08 UTC+1
Price reference: 49.8 last known on 09-01-2026 at 18:08 UTC+1
Investment horizon: INTRADAY
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