(12 DECEMBER 2018)EUR/USD:Key resistance at 1.1350.

(12 DECEMBER 2018)EUR/USD:Key resistance at 1.1350.

12 December 2018, 08:48
Jiming Huang
0
65

eu

Pivot (invalidation): 1.1350

Our preference

Short positions below 1.1350 with targets at 1.1305 & 1.1280 in extension.

Alternative scenario

Above 1.1350 look for further upside with 1.1375 & 1.1400 as targets.

Comment

As Long as the resistance at 1.1350 is not surpassed, the risk of the break below 1.1305

remains high. 

(By Swissquote TRADING CENTRAL)