Our pivot point is at 1.1638.
Our preference: The upside prevails as long as 1.1638 is support, with 1.1696 and 1.1708 as targets
Alternative scenario: below 1.1638, expect 1.1619 and 1.1607.
Comment: The chart structure suggests the instrument is coiling ahead of a potentially significant move.
Supports and resistances:
1.1719 *
1.1708 **
1.1696
1.1676 last
1.1638 **
1.1619 *
1.1607 **
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 08-20-2026 at 00:01 UTC+1
Price reference: 1.1676 last known on 08-20-2026 at 00:01 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