(19 DECEMBER 2018)EUR/USD:Target 1.1420.

(19 DECEMBER 2018)EUR/USD:Target 1.1420.

19 December 2018, 08:54
Jiming Huang
0
58

eur

Pivot (invalidation): 1.1365

Our preference

Long positions above 1.1365 with targets at 1.1405 & 1.1420 in extension.

Alternative scenario

Below 1.1365 look for further downside with 1.1350 & 1.1330 as targets.

Comment

The break above 1.1365 is a positive signal that has opened a path to 1.1405.

(By Swissquote TRADING CENTRAL) 

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