(20 April 2020)EUR/USD Under pressure.

(20 April 2020)EUR/USD Under pressure.

20 April 2020, 08:57
Jiming Huang
0
68

eu
Pivot
 (invalidation): 1.0880
Our preference
Short positions below 1.0880 with targets at 1.0845 & 1.0830 in extension.
Alternative scenario
Above 1.0880 look for further upside with 1.0900 & 1.0920 as targets.
Comment
As Long as the resistance at 1.0880 is not surpassed, the risk of the break below 1.0845
remains high.

(By Swissquote TRADING CENTRAL)