(06 February 2020)EUR/USD Under pressure.

(06 February 2020)EUR/USD Under pressure.

6 February 2020, 08:43
Jiming Huang
0
61

eu
Pivot
 (invalidation): 1.1015
Our preference
Short positions below 1.1015 with targets at 1.0985 & 1.0970 in extension.
Alternative scenario
Above 1.1015 look for further upside with 1.1035 & 1.1050 as targets.
Comment
As Long as the resistance at 1.1015 is not surpassed, the risk of the break below 1.0985
remains high.

(By Swissquote TRADING CENTRAL)