Our pivot point is at 1.2440.
Our preference: The downside prevails as long as 1.2440 is resistance, with 1.2385 and 1.2369 as targets
Alternative scenario: above 1.2440, look for 1.2466 and 1.2481.
Comment: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend reversal.
Supports and resistances:
1.2481 **
1.2466 *
1.2440 **
1.2427 last
1.2385
1.2369 **
1.2354 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-07-2026 at 13:00 UTC+1
Price reference: 1.2427 last known on 10-07-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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