Our pivot point is at 1.1039.
Our preference: The downside prevails as long as 1.1039 is resistance, with 1.1001 and 1.0990 as targets
Alternative scenario: above 1.1039, look for 1.1057 and 1.1068.
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 1.1038 and 1.1042).
Supports and resistances:
1.1068 **
1.1057 *
1.1039 **
1.1024 last
1.1001
1.0990 **
1.0979 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-22-2026 at 07:00 UTC+1
Price reference: 1.1024 last known on 10-22-2026 at 07:00 UTC+1
Investment horizon: INTRADAY
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