Pivot: 0.6940
Our preference: short positions below 0.6940 with targets at 0.6180 & 0.5910 in extension.
Alternative scenario: above 0.6940 look for further upside with 0.7130 & 0.7280 as targets.
Comment: as long as 0.6940 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.7280 **
0.7130 ***
0.6940 ***
0.6508 Last
0.6180 ***
0.5910 ***
0.5510 ***
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-30-2025 at 09:29 UTC+1
Price reference: 0.6508 last known on 07-30-2025 at 09:29 UTC+1
Investment horizon: MT
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