Pivot: 1.1300
Our preference: short positions below 1.1300 with targets at 1.1205 & 1.1175 in extension.
Alternative scenario: above 1.1300 look for further upside with 1.1340 & 1.1375 as targets.
Comment: as long as the resistance at 1.1300 is not surpassed, the risk of the break below 1.1205 remains high.
Supports and resistances:
1.1375
1.1340
1.1300
1.1275 Last
1.1205
1.1175
1.1150
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-29-2025 at 11:29 UTC+1
Price reference: 1.1275 last known on 05-29-2025 at 11:29 UTC+1
Investment horizon: INTRADAY
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