Pivot: 1.0960
Our preference: short positions below 1.0960 with targets at 1.0860 & 1.0810 in extension.
Alternative scenario: above 1.0960 look for further upside with 1.1000 & 1.1040 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
1.1040
1.1000
1.0960
1.0931 Last
1.0860
1.0810
1.0775
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 04-08-2025 at 13:02 UTC+1
Price reference: 1.0931 last known on 04-08-2025 at 13:02 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf