Pivot: 1.4120
Our preference: short positions below 1.4120 with targets at 1.3480 & 1.3100 in extension.
Alternative scenario: above 1.4120 look for further upside with 1.4500 & 1.4790 as targets.
Comment: as long as 1.4120 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.4790 ***
1.4500 **
1.4120 ***
1.3781 Last
1.3480 ***
1.3100 ***
1.2730 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-29-2026 at 03:45 UTC+1
Price reference: 1.3781 last known on 05-29-2026 at 03:45 UTC+1
Investment horizon: MT
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