Our pivot point is at 1.6145.
Our preference: The downside prevails as long as 1.6145 is resistance, with 1.6053 and 1.6030 as targets
Alternative scenario: above 1.6145, look for 1.6183 and 1.6206.
Comment: Prices are now within reach of our first target, a level that could trigger a pullback. On the flip side, a decisive break below it may extend the current decline.
Supports and resistances:
1.6206 **
1.6183 *
1.6145 **
1.6061 last
1.6053
1.6030 **
1.6007 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-19-2026 at 21:35 UTC+1
Price reference: 1.6061 last known on 10-19-2026 at 21:35 UTC+1
Investment horizon: INTRADAY
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