Our pivot point is at 1.6171.
Our preference: As long as 1.6171 is support, look for 1.6305
Alternative scenario: below 1.6171, expect 1.6130 and 1.6105.
Comment: The setup is in place, with traders now waiting for a catalyst to activate the next leg of the move.
Supports and resistances:
1.6330 *
1.6305 **
1.6280
1.6229 last
1.6171 **
1.6130 *
1.6105 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-11-2026 at 03:00 UTC+1
Price reference: 1.6229 last known on 11-11-2026 at 03:00 UTC+1
Investment horizon: INTRADAY
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