(18 FEBRUARY 2019)EUR/USD:Intraday support around 1.1270.

(18 FEBRUARY 2019)EUR/USD:Intraday support around 1.1270.

18 February 2019, 08:50
Jiming Huang
0
18

eur

Pivot (invalidation): 1.1270

Our preference

Long positions above 1.1270 with targets at 1.1310 & 1.1325 in extension.

Alternative scenario

Below 1.1270 look for further downside with 1.1245 & 1.1230 as targets.

Comment

The RSI lacks downward momentum.

  • (By Swissquote TRADING CENTRAL)

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