(07 February 2020)EUR/USD Key resistance at 1.0995.

(07 February 2020)EUR/USD Key resistance at 1.0995.

7 February 2020, 08:52
Jiming Huang
0
71

eu
Pivot
 (invalidation): 1.0995
Our preference
Short positions below 1.0995 with targets at 1.0965 & 1.0945 in extension.
Alternative scenario
Above 1.0995 look for further upside with 1.1015 & 1.1030 as targets.
Comment
As Long as the resistance at 1.0995 is not surpassed, the risk of the break below 1.0965
remains high.

(By Swissquote TRADING CENTRAL)