(26 JULY 2019)EUR/USD:Key resistance at 1.1160.

(26 JULY 2019)EUR/USD:Key resistance at 1.1160.

26 July 2019, 10:00
Jiming Huang
0
57

eu

Pivot (invalidation): 1.1160

Our preference

Short positions below 1.1160 with targets at 1.1135 & 1.1125 in extension.

Alternative scenario

Above 1.1160 look for further upside with 1.1185 & 1.1205 as targets.

Comment

As Long as the resistance at 1.1160 is not surpassed, the risk of the break below 1.1135

remains high. 

(By Swissquote TRADING CENTRAL)