(30 April 2020)EUR/USD Turning down.

(30 April 2020)EUR/USD Turning down.

30 April 2020, 08:54
Jiming Huang
0
69

eu
Pivot
 (invalidation): 1.0885
Our preference
Short positions below 1.0885 with targets at 1.0840 & 1.0815 in extension.
Alternative scenario
Above 1.0885 look for further upside with 1.0905 & 1.0920 as targets.
Comment
As Long as the resistance at 1.0885 is not surpassed, the risk of the break below 1.0840
remains high.

(By Swissquote TRADING CENTRAL)