(15 October 2020)EUR/USD Key resistance at 1.1765.

(15 October 2020)EUR/USD Key resistance at 1.1765.

15 October 2020, 08:51
Jiming Huang
0
100

eu
Pivot
 (invalidation): 1.1765
Our preference
Short positions below 1.1765 with targets at 1.1730 & 1.1720 in extension.
Alternative scenario
Above 1.1765 look for further upside with 1.1780 & 1.1800 as targets.
Comment
As Long as the resistance at 1.1765 is not surpassed, the risk of the break below 1.1730
remains high.

(By Swissquote TRADING CENTRAL)