Our pivot point is at 1.1590.
Our preference: The downside prevails as long as 1.1590 is resistance, with 1.1548 and 1.1536 as targets
Alternative scenario: above 1.1590, look for 1.1610 and 1.1622.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands above its 20 period moving average (1.1574) but below its 50 period moving average (1.1579).
Supports and resistances:
1.1622 **
1.1610 *
1.1590 **
1.1575 last
1.1548
1.1536 **
1.1524 *
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 08-18-2026 at 15:31 UTC+1
Price reference: 1.1575 last known on 08-18-2026 at 15:31 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