Our pivot point is at 1.6317.
Our preference: The downside prevails as long as 1.6317 is resistance, with 1.6241 and 1.6222 as targets
Alternative scenario: above 1.6317, look for 1.6348 and 1.6367.
Comment: The approach toward our first target represents a key level to monitor, it may trigger pressure for a pullback, though a firm close below this threshold could lead prices lower.
Supports and resistances:
1.6367 **
1.6348 *
1.6317 **
1.6262 last
1.6241
1.6222 **
1.6204 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-01-2026 at 13:00 UTC+1
Price reference: 1.6262 last known on 10-01-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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