(09 September 2020)EUR/USD Key resistance at 1.1800.

(09 September 2020)EUR/USD Key resistance at 1.1800.

9 September 2020, 09:24
Jiming Huang
0
98

eu
Pivot
 (invalidation): 1.1800
Our preference
Short positions below 1.1800 with targets at 1.1755 & 1.1730 in extension.
Alternative scenario
Above 1.1800 look for further upside with 1.1820 & 1.1850 as targets.
Comment
As Long as the resistance at 1.1800 is not surpassed, the risk of the break below 1.1755
remains high.


(By Swissquote TRADING CENTRAL)