Our pivot point is at 1.2046.
Our preference: The upside prevails as long as 1.2046 is support, with 1.2112 and 1.2130 as targets
Alternative scenario: below 1.2046, expect 1.2017 and 1.2000.
Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
1.2147 *
1.2130 **
1.2112
1.2065 last
1.2046 **
1.2017 *
1.2000 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-18-2026 at 21:20 UTC+1
Price reference: 1.2065 last known on 08-18-2026 at 21:20 UTC+1
Investment horizon: INTRADAY
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