(11 JANUARY 2019)EUR/USD:Key resistance at 1.1540.

Pivot (invalidation): 1.1540

Our preference

Short positions below 1.1540 with targets at 1.1500 & 1.1480 in extension.

Alternative scenario

Above 1.1540 look for further upside with 1.1570 & 1.1595 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.1540.

(By Swissquote TRADING CENTRAL)