Our pivot point is at 1.2476.
Our preference: The downside prevails as long as 1.2476 is resistance, with 1.2428 and 1.2417 as targets
Alternative scenario: above 1.2476, look for 1.2495 and 1.2506.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 1.2472 and 1.2488).
Supports and resistances:
1.2506 **
1.2495 *
1.2476 **
1.2461 last
1.2428
1.2417 **
1.2405 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-30-2026 at 12:00 UTC+1
Price reference: 1.2461 last known on 10-30-2026 at 12:00 UTC+1
Investment horizon: INTRADAY
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