(05 FEBRUARY 2019)EUR/USD:Under pressure.

(05 FEBRUARY 2019)EUR/USD:Under pressure.

5 February 2019, 13:21
Jiming Huang
0
53

eur

Pivot (invalidation): 1.1455

Our preference
Short positions below 1.1455 with targets at 1.1420 & 1.1405 in extension.
Alternative scenario
Above 1.1455 look for further upside with 1.1475 & 1.1490 as targets.
Comment
As Long as the resistance at 1.1455 is not surpassed, the risk of the break below 1.1420

remains high. 

(By Swissquote TRADING CENTRAL)