Pivot: 1.1740
Our preference: short positions below 1.1740 with targets at 1.1470 & 1.1390 in extension.
Alternative scenario: above 1.1740 look for further upside with 1.1820 & 1.1920 as targets.
Comment: the RSI is mixed and calls for caution.
Supports and resistances:
1.1920 ***
1.1820 **
1.1740 ***
1.1665 Last
1.1470 ***
1.1390 ***
1.1240 ***
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-08-2025 at 09:23 UTC+1
Price reference: 1.1665 last known on 12-08-2025 at 09:23 UTC+1
Investment horizon: ST
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