Pivot: 1.0970
Our preference: short positions below 1.0970 with targets at 1.0900 & 1.0880 in extension.
Alternative scenario: above 1.0970 look for further upside with 1.1000 & 1.1040 as targets.
Comment: as long as the resistance at 1.0970 is not surpassed, the risk of the break below 1.0900 remains high.
Supports and resistances:
1.1040
1.1000
1.0970
1.0938 Last
1.0900
1.0880
1.0860
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-08-2025 at 03:11 UTC+1
Price reference: 1.0938 last known on 04-08-2025 at 03:11 UTC+1
Investment horizon: INTRADAY
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