Our pivot point is at 1.6230.
Our preference: as long as 1.6230 is support look for 1.6369
Alternative scenario: below 1.6230, expect 1.6179 and 1.6148.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.6259 and 1.6215).
Supports and resistances:
1.6400 *
1.6369 **
1.6339
1.6272 last
1.6230 **
1.6179 *
1.6148 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-13-2026 at 00:15 UTC+1
Price reference: 1.6272 last known on 03-13-2026 at 00:15 UTC+1
Investment horizon: INTRADAY
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