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 approach toward our first target represents a key level to monitor, it may trigger pressure for a pullback, though a firm close below this threshold could lead prices lower.
Supports and resistances:
1.6146 **
1.6123 *
1.6085 **
1.6017 last
1.6002
1.5979 **
1.5957 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2026 at 01:30 UTC+1
Price reference: 1.6017 last known on 10-21-2026 at 01:30 UTC+1
Investment horizon: INTRADAY
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