(14 October 2020)EUR/USD Key resistance at 1.1760.

(14 October 2020)EUR/USD Key resistance at 1.1760.

14 October 2020, 08:50
Jiming Huang
0
88

eu
Pivot
 (invalidation): 1.1760
Our preference
Short positions below 1.1760 with targets at 1.1730 & 1.1715 in extension.
Alternative scenario
Above 1.1760 look for further upside with 1.1780 & 1.1800 as targets.
Comment
As Long as the resistance at 1.1760 is not surpassed, the risk of the break below 1.1730
remains high.

(By Swissquote TRADING CENTRAL)