(21 JANUARY 2019)EUR/USD:Key resistance at 1.1385.

(21 JANUARY 2019)EUR/USD:Key resistance at 1.1385.

21 January 2019, 09:06
Jiming Huang
0
50

eur

Pivot (invalidation): 1.1385

Our preference

Short positions below 1.1385 with targets at 1.1350 & 1.1330 in extension.

Alternative scenario

Above 1.1385 look for further upside with 1.1410 & 1.1425 as targets.

Comment

The index currently faces a challenging resistance area at 1.1385.

(By Swissquote TRADING CENTRAL)


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