Pivot: 1.2820
Our preference: short positions below 1.2820 with targets at 1.2670 & 1.2600 in extension.
Alternative scenario: above 1.2820 look for further upside with 1.2870 & 1.2930 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.2930
1.2870
1.2820
1.2729 Last
1.2670
1.2600
1.2560
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-08-2025 at 01:39 UTC+1
Price reference: 1.2729 last known on 04-08-2025 at 01:39 UTC+1
Investment horizon: INTRADAY
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