Pivot: 1.1785
Our preference: short positions below 1.1785 with targets at 1.1725 & 1.1705 in extension.
Alternative scenario: above 1.1785 look for further upside with 1.1815 & 1.1845 as targets.
Comment: as long as 1.1785 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1845
1.1815
1.1785
1.1769 Last
1.1725
1.1705
1.1680
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-20-2026 at 13:16 UTC+1
Price reference: 1.1769 last known on 04-20-2026 at 13:16 UTC+1
Investment horizon: INTRADAY
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