(09 January 2020)EUR/USD Under pressure.

(09 January 2020)EUR/USD Under pressure.

9 January 2020, 08:55
Jiming Huang
0
75

eu
Pivot
 (invalidation): 1.1130
Our preference
Short positions below 1.1130 with targets at 1.1100 & 1.1085 in extension.
Alternative scenario
Above 1.1130 look for further upside with 1.1150 & 1.1165 as targets.
Comment
As Long as the resistance at 1.1130 is not surpassed, the risk of the break below 1.1100
remains high.

(By Swissquote TRADING CENTRAL)