(10 December 2020)EUR/USD Key resistance at 1.2100.

(10 December 2020)EUR/USD Key resistance at 1.2100.

10 December 2020, 09:20
Jiming Huang
0
96

eu
Pivot
 (invalidation): 1.2100
Our preference
Short positions below 1.2100 with targets at 1.2060 & 1.2040 in extension.
Alternative scenario
Above 1.2100 look for further upside with 1.2115 & 1.2130 as targets.
Comment
As Long as the resistance at 1.2100 is not surpassed, the risk of the break below 1.2060
remains high.

(By Swissquote TRADING CENTRAL)