(29 MAY 2019)EUR/USD:Under pressure.

(29 MAY 2019)EUR/USD:Under pressure.

29 May 2019, 09:05
Jiming Huang
0
50

eu

Pivot (invalidation): 1.1180

Our preference

Short positions below 1.1180 with targets at 1.1150 & 1.1140 in extension.

Alternative scenario

Above 1.1180 look for further upside with 1.1195 & 1.1205 as targets.

Comment

As Long as the resistance at 1.1180 is not surpassed, the risk of the break below 1.1150

remains high. 

(By Swissquote TRADING CENTRAL)