(19 MAY 2020)EUR/USD Turning down.

(19 MAY 2020)EUR/USD Turning down.

19 May 2020, 08:47
Jiming Huang
0
75

eu
Pivot
 (invalidation): 1.0925
Our preference
Short positions below 1.0925 with targets at 1.0890 & 1.0870 in extension.
Alternative scenario
Above 1.0925 look for further upside with 1.0940 & 1.0960 as targets.
Comment
As Long as the resistance at 1.0925 is not surpassed, the risk of the break below 1.0890
remains high.

(By Swissquote TRADING CENTRAL)