Our pivot point is at 1.6062.
Our preference: Our technical view is bullish above 1.6062 with targets at 1.6127 & 1.6144
Alternative scenario: below 1.6062, expect 1.6033 and 1.6016.
Comment: The MACD is below its signal line and positive. The price is below its 20 period moving average (1.6098) but above its 50 period moving average (1.6085).
Supports and resistances:
1.6161 *
1.6144 **
1.6127
1.6088 last
1.6062 **
1.6033 *
1.6016 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-08-2026 at 10:35 UTC+1
Price reference: 1.6088 last known on 10-08-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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