(30 OCTOBER 2018)EUR/USD:Under pressure.

(30 OCTOBER 2018)EUR/USD:Under pressure.

30 October 2018, 09:04
Jiming Huang
0
102

EUR

Pivot (invalidation): 1.1395

Our preference

Short positions below 1.1395 with targets at 1.1365 & 1.1335 in extension.

Alternative scenario

Above 1.1395 look for further upside with 1.1420 & 1.1445 as targets.

Comment

As Long as the resistance at 1.1395 is not surpassed, the risk of the break below 1.1365

remains high. 

(By Swissquote TRADING CENTRAL)