(22 JULY 2019)EUR/USD:Key resistance at 1.1230.

(22 JULY 2019)EUR/USD:Key resistance at 1.1230.

22 July 2019, 08:58
Jiming Huang
0
70

eu

Pivot (invalidation): 1.1230

Our preference

Short positions below 1.1230 with targets at 1.1200 & 1.1180 in extension.

Alternative scenario

Above 1.1230 look for further upside with 1.1245 & 1.1255 as targets.

Comment

As Long as the resistance at 1.1230 is not surpassed, the risk of the break below 1.1200

remains high. 

(By Swissquote TRADING CENTRAL)