(17 MAY 2019)EUR/USD:Under pressure.

(17 MAY 2019)EUR/USD:Under pressure.

17 May 2019, 10:23
Jiming Huang
0
54

eu

Pivot (invalidation): 1.1190

Our preference

Short positions below 1.1190 with targets at 1.1165 & 1.1155 in extension.

Alternative scenario

Above 1.1190 look for further upside with 1.1205 & 1.1225 as targets.

Comment

As Long as the resistance at 1.1190 is not surpassed, the risk of the break below 1.1165

remains high. 

(By Swissquote TRADING CENTRAL)