Pivot: 1.3890
Our preference: short positions below 1.3890 with targets at 1.3800 & 1.3775 in extension.
Alternative scenario: above 1.3890 look for further upside with 1.3915 & 1.3940 as targets.
Comment: as long as 1.3890 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3940
1.3915
1.3890
1.3865 Last
1.3800
1.3775
1.3750
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 04-08-2026 at 11:35 UTC+1
Price reference: 1.3865 last known on 04-08-2026 at 11:35 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf