Pivot: 0.7950
Our preference: short positions below 0.7950 with targets at 0.7860 & 0.7830 in extension.
Alternative scenario: above 0.7950 look for further upside with 0.7970 & 0.7990 as targets.
Comment: as long as 0.7950 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.7990
0.7970
0.7950
0.7886 Last
0.7860
0.7830
0.7800
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-08-2026 at 11:31 UTC+1
Price reference: 0.7886 last known on 04-08-2026 at 11:31 UTC+1
Investment horizon: INTRADAY
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