Our pivot point is at 1.6145.
Our preference: The downside prevails as long as 1.6145 is resistance, with 1.6066 and 1.6049 as targets
Alternative scenario: above 1.6145, look for 1.6174 and 1.6191.
Comment: Prices are now edging toward our first target. Should this level be reached, a pullback is likely to surface; yet a convincing break below it could open the door to further losses.
Supports and resistances:
1.6191 **
1.6174 *
1.6145 **
1.6090 last
1.6066
1.6049 **
1.6031 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-05-2026 at 21:35 UTC+1
Price reference: 1.6090 last known on 10-05-2026 at 21:35 UTC+1
Investment horizon: INTRADAY
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