(17 JUNE 2020)EUR/USD Key resistance at 1.1285.

(17 JUNE 2020)EUR/USD Key resistance at 1.1285.

17 June 2020, 09:05
Jiming Huang
0
97

ei
Pivot
 (invalidation): 1.1285
Our preference
Short positions below 1.1285 with targets at 1.1245 & 1.1225 in extension.
Alternative scenario
Above 1.1285 look for further upside with 1.1305 & 1.1325 as targets.
Comment
As Long as the resistance at 1.1285 is not surpassed, the risk of the break below 1.1245
remains high.

(By Swissquote TRADING CENTRAL)