(21 FEBRUARY 2019)EUR/USD:Key resistance at 1.1370.

(21 FEBRUARY 2019)EUR/USD:Key resistance at 1.1370.

21 February 2019, 08:44
Jiming Huang
0
12

eur

Pivot (invalidation): 1.1370

Our preference

Short positions below 1.1370 with targets at 1.1325 & 1.1295 in extension.

Alternative scenario

Above 1.1370 look for further upside with 1.1390 & 1.1410 as targets.

Comment

As Long as the resistance at 1.1370 is not surpassed, the risk of the break below 1.1325

remains high.

(By Swissquote TRADING CENTRAL)


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