(21 AUGUST 2019)EUR/USD Key resistance at 1.1100.

(21 AUGUST 2019)EUR/USD Key resistance at 1.1100.

21 August 2019, 08:52
Jiming Huang
0
58

eu
Pivot
 (invalidation): 1.1100
Our preference
Short positions below 1.1100 with targets at 1.1075 & 1.1065 in extension.
Alternative scenario
Above 1.1100 look for further upside with 1.1115 & 1.1135 as targets.
Comment
As Long as the resistance at 1.1100 is not surpassed, the risk of the break below 1.1075
remains high.

(By Swissquote TRADING CENTRAL)