(20 FEBRUARY 2019)EUR/USD:The upside prevails.

(20 FEBRUARY 2019)EUR/USD:The upside prevails.

20 February 2019, 09:05
Jiming Huang
0
19

eur

Pivot (invalidation): 1.1330

Our preference

Long positions above 1.1330 with targets at 1.1370 & 1.1400 in extension.

Alternative scenario

Below 1.1330 look for further downside with 1.1315 & 1.1290 as targets.

Comment

A support base at 1.1330 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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