(17 JANUARY 2019)EUR/USD:Capped by a negative trend line.

Pivot (invalidation): 1.1410

Our preference

Short positions below 1.1410 with targets at 1.1375 & 1.1345 in extension.

Alternative scenario

Above 1.1410 look for further upside with 1.1425 & 1.1455 as targets.

Comment

A break below 1.1375 would trigger a drop towards 1.1345.

(By Swissquote TRADING CENTRAL)