Pivot: 1.1620
Our preference: short positions below 1.1620 with targets at 1.1580 & 1.1550 in extension.
Alternative scenario: above 1.1620 look for further upside with 1.1640 & 1.1660 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1660
1.1640
1.1620
1.1597 Last
1.1580
1.1550
1.1515
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-22-2025 at 11:07 UTC+1
Price reference: 1.1597 last known on 08-22-2025 at 11:07 UTC+1
Investment horizon: INTRADAY
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