Our pivot point is at 1.2292.
Our preference: The upside prevails as long as 1.2292 is support, with 1.2359 and 1.2378 as targets
Alternative scenario: below 1.2292, expect 1.2261 and 1.2243.
Comment: As prices near our first target, a throwback could occur, though a clean break above could fuel further gains.
Supports and resistances:
1.2396 *
1.2378 **
1.2359
1.2343 last
1.2292 **
1.2261 *
1.2243 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-08-2026 at 10:35 UTC+1
Price reference: 1.2343 last known on 09-08-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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