(07 January 2020)EUR/USD Bullish bias above 1.1180.

(07 January 2020)EUR/USD Bullish bias above 1.1180.

7 January 2020, 08:59
Jiming Huang
0
57

eu
Pivot
 (invalidation): 1.1180
Our preference
Long positions above 1.1180 with targets at 1.1205 & 1.1215 in extension.
Alternative scenario
Below 1.1180 look for further downside with 1.1170 & 1.1155 as targets.
Comment
A support base at 1.1180 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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