Pivot: 1.3835
Our preference: short positions below 1.3835 with targets at 1.3760 & 1.3740 in extension.
Alternative scenario: above 1.3835 look for further upside with 1.3860 & 1.3885 as targets.
Comment: the RSI calls for a new downleg.
Supports and resistances:
1.3885
1.3860
1.3835
1.3798 Last
1.3760
1.3740
1.3720
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-05-2025 at 07:15 UTC+1
Price reference: 1.3798 last known on 05-05-2025 at 07:15 UTC+1
Investment horizon: INTRADAY
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