Our pivot point is at 1.1193.
Our preference: Even if a technical recovery cannot be ruled out, a drop towards 1.1137 remains likely as long as 1.1193 is resistance
Alternative scenario: above 1.1193, look for 1.1213 and 1.1225.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price stands above its 20 period moving average (1.1161) but below its 50 period moving average (1.1176).
Supports and resistances:
1.1225 **
1.1213 *
1.1193 **
1.1175 last
1.1149
1.1137 **
1.1125 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-13-2026 at 05:45 UTC+1
Price reference: 1.1175 last known on 10-13-2026 at 05:45 UTC+1
Investment horizon: INTRADAY
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