(16 JANUARY 2019)EUR/USD: The downside prevails.

(16 JANUARY 2019)EUR/USD: The downside prevails.

16 January 2019, 09:19
Jiming Huang
0
64

eur

Pivot (invalidation): 1.1430

Our preference

Short positions below 1.1430 with targets at 1.1380 & 1.1345 in extension.

Alternative scenario

Above 1.1430 look for further upside with 1.1460 & 1.1490 as targets.

Comment

A break below 1.1380 would trigger a drop towards 1.1345.

(By Swissquote TRADING CENTRAL)

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