(20 August 2020)EUR/USD Key resistance at 1.1865.

(20 August 2020)EUR/USD Key resistance at 1.1865.

20 August 2020, 09:14
Jiming Huang
0
87

eu
Pivot
 (invalidation): 1.1865
Our preference
Short positions below 1.1865 with targets at 1.1830 & 1.1810 in extension.
Alternative scenario
Above 1.1865 look for further upside with 1.1895 & 1.1915 as targets.
Comment
As Long as the resistance at 1.1865 is not surpassed, the risk of the break below 1.1830
remains high.

(By Swissquote TRADING CENTRAL)