Pivot: 1.1320
Our preference: long positions above 1.1320 with targets at 1.1410 & 1.1440 in extension.
Alternative scenario: below 1.1320 look for further downside with 1.1290 & 1.1260 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1460
1.1440
1.1410
1.1354 Last
1.1320
1.1290
1.1260
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-30-2025 at 05:37 UTC+1
Price reference: 1.1354 last known on 05-30-2025 at 05:37 UTC+1
Investment horizon: INTRADAY
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