Pivot: 1.3000
Our preference: long positions above 1.3000 with targets at 1.3870 & 1.4240 in extension.
Alternative scenario: below 1.3000 look for further downside with 1.2700 & 1.2400 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.4700 **
1.4240 **
1.3870 ***
1.3440 Last
1.3000 ***
1.2700 ***
1.2400 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-29-2026 at 03:33 UTC+1
Price reference: 1.3440 last known on 05-29-2026 at 03:33 UTC+1
Investment horizon: MT
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