EUR/USD
Aim @ 1.1170.
Pivot
(invalidation): 1.1120
Our preference
Long positions above 1.1120 with
targets at 1.1155 & 1.1170 in extension.
Alternative scenario
Below 1.1120 look for further downside with 1.1105 & 1.1085 as targets.
Comment
The
RSI is bullish and calls for further upside. The pair remains on the upside after validating a
bullish break-out from a bearish channel in place since October 21.
(By Swissquote TRADING CENTRAL)
