(14 August 2020)EUR/USD Under pressure.

(14 August 2020)EUR/USD Under pressure.

14 August 2020, 09:14
Jiming Huang
0
68

eu
Pivot
 (invalidation): 1.1825
Our preference
Short positions below 1.1825 with targets at 1.1790 & 1.1775 in extension.
Alternative scenario
Above 1.1825 look for further upside with 1.1850 & 1.1865 as targets.
Comment
As Long as the resistance at 1.1825 is not surpassed, the risk of the break below 1.1790
remains high.

(By Swissquote TRADING CENTRAL)