(07 DECEMBER 2018) EUR/USD:The upside prevails.

(07 DECEMBER 2018) EUR/USD:The upside prevails.

7 December 2018, 09:07
Jiming Huang
0
16

eur

Pivot (invalidation): 1.1355

Our preference

Long positions above 1.1355 with targets at 1.1395 & 1.1415 in extension.

Alternative scenario

Below 1.1355 look for further downside with 1.1335 & 1.1320 as targets.

Comment

A support base at 1.1355 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 


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