Our pivot point is at 1.9896.
Our preference: The downside prevails as long as 1.9896 is resistance, with 1.9817 and 1.9798 as targets
Alternative scenario: above 1.9896, look for 1.9928 and 1.9947.
Comment: Prices are now edging toward our first target. Should this level be reached, a pullback is likely to surface; yet a convincing break below it could open the door to further losses.
Supports and resistances:
1.9947 **
1.9928 *
1.9896 **
1.9830 last
1.9817
1.9798 **
1.9780 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-16-2026 at 10:35 UTC+1
Price reference: 1.9830 last known on 10-16-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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