(07 September 2020)EUR/USD Intraday support around 1.1820.

(07 September 2020)EUR/USD Intraday support around 1.1820.

7 September 2020, 09:15
Jiming Huang
0
100

eu
Pivot
 (invalidation): 1.1820
Our preference
Long positions above 1.1820 with targets at 1.1865 & 1.1890 in extension.
Alternative scenario
Below 1.1820 look for further downside with 1.1800 & 1.1780 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)

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