Our pivot point is at 1.5986.
Our preference: The downside prevails as long as 1.5986 is resistance, with 1.5900 and 1.5877 as targets
Alternative scenario: above 1.5986, look for 1.6024 and 1.6047.
Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
1.6047 **
1.6024 *
1.5986 **
1.5967 last
1.5900
1.5877 **
1.5855 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-26-2026 at 04:45 UTC+1
Price reference: 1.5967 last known on 10-26-2026 at 04:45 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf