(11 SEPTEMBER 2018)EUR/USD:Key resistance at 1.1600.

(11 SEPTEMBER 2018)EUR/USD:Key resistance at 1.1600.

11 September 2018, 09:15
Jiming Huang
0
45

eur

Pivot (invalidation): 1.1600

Our preference

Short positions below 1.1600 with targets at 1.1565 & 1.1545 in extension.

Alternative scenario

Above 1.1600 look for further upside with 1.1615 & 1.1630 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.1600

(By Swissquote TRADING CENTRAL) 

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