(23 MAY 2019)EUR/USD:Under pressure.

(23 MAY 2019)EUR/USD:Under pressure.

23 May 2019, 09:01
Jiming Huang
0
44

eu

Pivot (invalidation): 1.1165

Our preference

Short positions below 1.1165 with targets at 1.1140 & 1.1130 in extension.

Alternative scenario

Above 1.1165 look for further upside with 1.1180 & 1.1190 as targets.

Comment

As Long as 1.1165 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)


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