(26 JULY 2019)EUR/USD:Key resistance at 1.1160.

(26 JULY 2019)EUR/USD:Key resistance at 1.1160.

26 July 2019, 10:00
Jiming Huang
0
57

eu

Pivot (invalidation): 1.1160

Our preference

Short positions below 1.1160 with targets at 1.1135 & 1.1125 in extension.

Alternative scenario

Above 1.1160 look for further upside with 1.1185 & 1.1205 as targets.

Comment

As Long as the resistance at 1.1160 is not surpassed, the risk of the break below 1.1135

remains high. 

(By Swissquote TRADING CENTRAL)


Share it with friends: