Our pivot point is at 1.9778.
Our preference: The downside prevails as long as 1.9778 is resistance, with 1.9706 and 1.9689 as targets
Alternative scenario: above 1.9778, look for 1.9807 and 1.9824.
Comment: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend reversal.
Supports and resistances:
1.9824 **
1.9807 *
1.9778 **
1.9773 last
1.9706
1.9689 **
1.9671 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2026 at 21:20 UTC+1
Price reference: 1.9773 last known on 10-20-2026 at 21:20 UTC+1
Investment horizon: INTRADAY
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