(14 DECEMBER 2018)EUR/USD:Key resistance at 1.1375.

(14 DECEMBER 2018)EUR/USD:Key resistance at 1.1375.

14 December 2018, 08:57
Jiming Huang
0
81

eu

Pivot (invalidation): 1.1375

Our preference

Short positions below 1.1375 with targets at 1.1345 & 1.1330 in extension.

Alternative scenario

Above 1.1375 look for further upside with 1.1400 & 1.1425 as targets.

Comment

As Long as the resistance at 1.1375 is not surpassed, the risk of the break below 1.1345

remains high. 

(By Swissquote TRADING CENTRAL)