(04 JANUARY 2019)EUR/USD:Target 1.1470.

(04 JANUARY 2019)EUR/USD:Target 1.1470.

4 January 2019, 09:05
Jiming Huang
0
63

eur

Pivot (invalidation): 1.1360

Our preference

Long positions above 1.1360 with targets at 1.1420 & 1.1470 in extension.

Alternative scenario

Below 1.1360 look for further downside with 1.1335 & 1.1310 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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