Our pivot point is at 1.1590.
Our preference: The downside prevails as long as 1.1590 is resistance, with 1.1548 and 1.1536 as targets
Alternative scenario: above 1.1590, look for 1.1610 and 1.1622.
Comment: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend reversal.
Supports and resistances:
1.1622 **
1.1610 *
1.1590 **
1.1579 last
1.1548
1.1536 **
1.1524 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-17-2026 at 21:35 UTC+1
Price reference: 1.1579 last known on 08-17-2026 at 21:35 UTC+1
Investment horizon: INTRADAY
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