Our pivot point is at 1.2062.
Our preference: The downside prevails as long as 1.2062 is resistance, with 1.1997 and 1.1981 as targets
Alternative scenario: above 1.2062, look for 1.2090 and 1.2106.
Comment: The price continues to fluctuate between its first support level and resistance level.
Supports and resistances:
1.2106 **
1.2090 *
1.2062 **
1.2032 last
1.1997
1.1981 **
1.1964 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-17-2026 at 13:20 UTC+1
Price reference: 1.2032 last known on 08-17-2026 at 13:20 UTC+1
Investment horizon: INTRADAY
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