Our pivot point is at 1.6085.
Our preference: The downside prevails as long as 1.6085 is resistance, with 1.6002 and 1.5979 as targets
Alternative scenario: above 1.6085, look for 1.6123 and 1.6146.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (1.6046) but below its 50 period moving average (1.6059).
Supports and resistances:
1.6146 **
1.6123 *
1.6085 **
1.6053 last
1.6002
1.5979 **
1.5957 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2026 at 21:35 UTC+1
Price reference: 1.6053 last known on 10-20-2026 at 21:35 UTC+1
Investment horizon: INTRADAY
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