Our pivot point is at 1.1588.
Our preference: The upside prevails as long as 1.1588 is support, with 1.1638 and 1.1649 as targets
Alternative scenario: below 1.1588, expect 1.1569 and 1.1557.
Comment: The asset price is approaching our pivot level, which represents one of the last opportunities for the asset to reverse its recent trend.
Supports and resistances:
1.1661 *
1.1649 **
1.1638
1.1591 last
1.1588 **
1.1569 *
1.1557 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-17-2026 at 13:20 UTC+1
Price reference: 1.1591 last known on 08-17-2026 at 13:20 UTC+1
Investment horizon: INTRADAY
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