Our pivot point is at 1.8835.
Our preference: The upside prevails as long as 1.8835 is support, with 1.8907 and 1.8925 as targets
Alternative scenario: below 1.8835, expect 1.8805 and 1.8787.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 1.8832 and 1.8799).
Supports and resistances:
1.8942 *
1.8925 **
1.8907
1.8861 last
1.8835 **
1.8805 *
1.8787 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-24-2026 at 10:35 UTC+1
Price reference: 1.8861 last known on 08-24-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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