(10 JANUARY 2019)EUR/USD:Watch 1.1620.

(10 JANUARY 2019)EUR/USD:Watch 1.1620.

10 January 2019, 08:58
Jiming Huang
0
75

eur

Pivot (invalidation): 1.1530

Our preference

Long positions above 1.1530 with targets at 1.1595 & 1.1620 in extension.

Alternative scenario

Below 1.1530 look for further downside with 1.1505 & 1.1485 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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