Pivot: 1.1670
Our preference: short positions below 1.1670 with targets at 1.1630 & 1.1610 in extension.
Alternative scenario: above 1.1670 look for further upside with 1.1690 & 1.1710 as targets.
Comment: as long as 1.1670 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1710
1.1690
1.1670
1.1647 Last
1.1630
1.1610
1.1590
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-11-2025 at 01:38 UTC+1
Price reference: 1.1647 last known on 08-11-2025 at 01:38 UTC+1
Investment horizon: INTRADAY
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