Our pivot point is at 1.3888.
Our preference: The downside prevails as long as 1.3888 is resistance, with 1.3832 and 1.3817 as targets
Alternative scenario: above 1.3888, look for 1.3913 and 1.3928.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 1.3860 and 1.3880).
Supports and resistances:
1.3928 **
1.3913 *
1.3888 **
1.3854 last
1.3832
1.3817 **
1.3802 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-01-2026 at 01:30 UTC+1
Price reference: 1.3854 last known on 09-01-2026 at 01:30 UTC+1
Investment horizon: INTRADAY
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