Our pivot point is at 1.6180.
Our preference: The downside prevails as long as 1.6180 is resistance, with 1.6105 and 1.6088 as targets
Alternative scenario: above 1.6180, look for 1.6208 and 1.6225.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (1.6134) but below its 50 period moving average (1.6144).
Supports and resistances:
1.6225 **
1.6208 *
1.6180 **
1.6140 last
1.6105
1.6088 **
1.6072 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2026 at 10:35 UTC+1
Price reference: 1.6140 last known on 09-04-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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