Our pivot point is at 1.2298.
Our preference: Rebound above 1.2298 towards 1.2373
Alternative scenario: below 1.2298, expect 1.2271 and 1.2254.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. The price stands below its 20 and 50 period moving average (respectively at 1.2328 and 1.2377).
Supports and resistances:
1.2389 *
1.2373 **
1.2357
1.2324 last
1.2298 **
1.2271 *
1.2254 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-15-2026 at 21:20 UTC+1
Price reference: 1.2324 last known on 10-15-2026 at 21:20 UTC+1
Investment horizon: INTRADAY
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