Pivot: 1.3800
Our preference: short positions below 1.3800 with targets at 1.3770 & 1.3750 in extension.
Alternative scenario: above 1.3800 look for further upside with 1.3830 & 1.3860 as targets.
Comment: as long as 1.3800 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3860
1.3830
1.3800
1.3784 Last
1.3770
1.3750
1.3730
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-07-2025 at 10:16 UTC+1
Price reference: 1.3784 last known on 05-07-2025 at 10:16 UTC+1
Investment horizon: INTRADAY
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