Our pivot point is at 1.6141.
Our preference: The upside prevails as long as 1.6141 is support, with 1.6239 and 1.6258 as targets
Alternative scenario: below 1.6141, expect 1.6109 and 1.6089.
Comment: The MACD is below its signal line and positive. The price is below its 20 period moving average (1.6208) but above its 50 period moving average (1.6188).
Supports and resistances:
1.6278 *
1.6258 **
1.6239
1.6194 last
1.6141 **
1.6109 *
1.6089 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-16-2026 at 04:00 UTC+1
Price reference: 1.6194 last known on 10-16-2026 at 04:00 UTC+1
Investment horizon: INTRADAY
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