(23 JANUARY 2019)EUR/USD:Key resistance at 1.1375.

(23 JANUARY 2019)EUR/USD:Key resistance at 1.1375.

23 January 2019, 09:01
Jiming Huang
0
19

eu

Pivot (invalidation): 1.1375

Our preference

Short positions below 1.1375 with targets at 1.1350 & 1.1335 in extension.

Alternative scenario

Above 1.1375 look for further upside with 1.1390 & 1.1410 as targets.

Comment

The index currently faces a challenging resistance area at 1.1375

(By Swissquote TRADING CENTRAL)


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