Our pivot point is at 1.2438.
Our preference: The downside prevails as long as 1.2438 is resistance, with 1.2382 and 1.2367 as targets
Alternative scenario: above 1.2438, look for 1.2463 and 1.2478.
Comment: The approach toward our first target represents a key level to monitor, it may trigger pressure for a pullback, though a firm close below this threshold could lead prices lower.
Supports and resistances:
1.2478 **
1.2463 *
1.2438 **
1.2399 last
1.2382
1.2367 **
1.2352 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-22-2026 at 13:00 UTC+1
Price reference: 1.2399 last known on 09-22-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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