Our pivot point is at 2.3508.
Our preference: The downside prevails as long as 2.3508 is resistance, with 2.3426 and 2.3404 as targets
Alternative scenario: above 2.3508, look for 2.3544 and 2.3566.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 2.3492 and 2.3500).
Supports and resistances:
2.3566 **
2.3544 *
2.3508 **
2.3479 last
2.3426
2.3404 **
2.3382 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2026 at 10:35 UTC+1
Price reference: 2.3479 last known on 10-20-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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