(02 JULY 2018)EUR/GBP:Key resistance at 0.8855.

(02 JULY 2018)EUR/GBP:Key resistance at 0.8855.

2 July 2018, 14:27
Jiming Huang
0
16

eg

Key resistance at 0.8855.

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 0.8855

Our preference

Short positions below 0.8855 with targets at 0.8830 & 0.8815 in extension.

Alternative scenario

Above 0.8855 look for further upside with 0.8870 & 0.8890 as targets.

Comment

As Long as 0.8855 is resistance, look for choppy price action with a bearish bias.

Share it with friends: