Our pivot point is at 1.6355.
Our preference: The upside prevails as long as 1.6355 is support, with 1.6448 and 1.6466 as targets
Alternative scenario: below 1.6355, expect 1.6326 and 1.6308.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 1.6398 and 1.6353).
Supports and resistances:
1.6484 *
1.6466 **
1.6448
1.6403 last
1.6355 **
1.6326 *
1.6308 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-29-2026 at 13:20 UTC+1
Price reference: 1.6403 last known on 07-29-2026 at 13:20 UTC+1
Investment horizon: INTRADAY
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