Our pivot point is at 1.6101.
Our preference: The downside prevails as long as 1.6101 is resistance, with 1.6006 and 1.5981 as targets
Alternative scenario: above 1.6101, look for 1.6142 and 1.6167.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 1.6092 and 1.6068).
Supports and resistances:
1.6167 **
1.6142 *
1.6101 **
1.6046 last
1.6006
1.5981 **
1.5957 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-04-2026 at 13:00 UTC+1
Price reference: 1.6046 last known on 11-04-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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