Our pivot point is at 1.2393.
Our preference: The downside prevails as long as 1.2393 is resistance, with 1.2322 and 1.2306 as targets
Alternative scenario: above 1.2393, look for 1.2420 and 1.2436.
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:
1.2436 **
1.2420 *
1.2393 **
1.2341 last
1.2322
1.2306 **
1.2289 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-15-2026 at 13:00 UTC+1
Price reference: 1.2341 last known on 10-15-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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