(09 AUGUST 2019)EUR/USD:Key resistance at 1.1215.

(09 AUGUST 2019)EUR/USD:Key resistance at 1.1215.

9 August 2019, 09:22
Jiming Huang
0
61

eu

Pivot (invalidation): 1.1215

Our preference

Short positions below 1.1215 with targets at 1.1175 & 1.1155 in extension.

Alternative scenario

Above 1.1215 look for further upside with 1.1240 & 1.1265 as targets.

Comment

As Long as the resistance at 1.1215 is not surpassed, the risk of the break below 1.1175

remains high.

(By Swissquote TRADING CENTRAL)