Our pivot point is at 1.1003.
Our preference: The downside prevails as long as 1.1003 is resistance, with 1.0961 and 1.0950 as targets
Alternative scenario: above 1.1003, look for 1.1022 and 1.1033.
Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
1.1033 **
1.1022 *
1.1003 **
1.0997 last
1.0961
1.0950 **
1.0938 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-05-2026 at 10:35 UTC+1
Price reference: 1.0997 last known on 11-05-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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