Our pivot point is at 1.1638.
Our preference: The upside prevails as long as 1.1638 is support, with 1.1696 and 1.1708 as targets
Alternative scenario: below 1.1638, expect 1.1619 and 1.1607.
Comment: Prices are now close to our first target. Reaching this level could trigger a throwback. Conversely, a clear break above it could help drive the asset price higher.
Supports and resistances:
1.1719 *
1.1708 **
1.1696
1.1677 last
1.1638 **
1.1619 *
1.1607 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-20-2026 at 05:45 UTC+1
Price reference: 1.1677 last known on 08-20-2026 at 05:45 UTC+1
Investment horizon: INTRADAY
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