Pivot: 0.7945
Our preference: short positions below 0.7945 with targets at 0.7900 & 0.7885 in extension.
Alternative scenario: above 0.7945 look for further upside with 0.7960 & 0.7990 as targets.
Comment: as long as 0.7945 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.7990
0.7960
0.7945
0.7929 Last
0.7900
0.7885
0.7870
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-23-2025 at 13:13 UTC+1
Price reference: 0.7929 last known on 07-23-2025 at 13:13 UTC+1
Investment horizon: INTRADAY
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