Our pivot point is at 1.6044.
Our preference: The downside prevails as long as 1.6044 is resistance, with 1.5954 and 1.5931 as targets
Alternative scenario: above 1.6044, look for 1.6082 and 1.6105.
Comment: the RSI is below its neutrality area at 50. The price is below its 20 period moving average (1.6017) but above its 50 period moving average (1.5993).
Supports and resistances:
1.6105 **
1.6082 *
1.6044 **
1.5998 last
1.5954
1.5931 **
1.5909 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-22-2026 at 13:00 UTC+1
Price reference: 1.5998 last known on 10-22-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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