(06 November 2020)EUR/USD Rebound expected.

(06 November 2020)EUR/USD Rebound expected.

6 November 2020, 09:12
Jiming Huang
0
75

eu
Pivot
 (invalidation): 1.1795
Our preference
Long positions above 1.1795 with targets at 1.1850 & 1.1880 in extension.
Alternative scenario
Below 1.1795 look for further downside with 1.1770 & 1.1735 as targets.
Comment
The RSI is below its neutrality area at 50% but reversing up.

(By Swissquote TRADING CENTRAL)

Share it with friends: