Pivot: 0.7135
Our preference: short positions below 0.7135 with targets at 0.7080 & 0.7060 in extension.
Alternative scenario: above 0.7135 look for further upside with 0.7155 & 0.7175 as targets.
Comment: as long as 0.7135 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.7175 **
0.7155 **
0.7135 ***
0.7123 Last
0.7080 ***
0.7060 ***
0.7040 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-20-2026 at 13:06 UTC+1
Price reference: 0.7123 last known on 05-20-2026 at 13:06 UTC+1
Investment horizon: INTRADAY
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