Pivot: 1.3970
Our preference: short positions below 1.3970 with targets at 1.3925 & 1.3900 in extension.
Alternative scenario: above 1.3970 look for further upside with 1.3990 & 1.4005 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.4005
1.3990
1.3970
1.3949 Last
1.3925
1.3900
1.3820
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-19-2025 at 13:11 UTC+1
Price reference: 1.3949 last known on 05-19-2025 at 13:11 UTC+1
Investment horizon: INTRADAY
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