(25 JANUARY 2019)EUR/USD:Key resistance at 1.1335.

(25 JANUARY 2019)EUR/USD:Key resistance at 1.1335.

25 January 2019, 09:07
Jiming Huang
0
64

eur

Pivot (invalidation): 1.1335

Our preference

Short positions below 1.1335 with targets at 1.1290 & 1.1270 in extension.

Alternative scenario

Above 1.1335 look for further upside with 1.1355 & 1.1380 as targets.

Comment

As Long as the resistance at 1.1335 is not surpassed, the risk of the break below 1.1290

remains high. 

(By Swissquote TRADING CENTRAL)