Our pivot point is at 1.2229.
Our preference: Rebound above 1.2229 towards 1.2307
Alternative scenario: below 1.2229, expect 1.2200 and 1.2183.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. The price stands below its 20 and 50 period moving average (respectively at 1.2260 and 1.2275).
Supports and resistances:
1.2324 *
1.2307 **
1.2290
1.2254 last
1.2229 **
1.2200 *
1.2183 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-10-2026 at 21:20 UTC+1
Price reference: 1.2254 last known on 11-10-2026 at 21:20 UTC+1
Investment horizon: INTRADAY
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