(12 MARCH 2019)EUR/USD:1.1290 expected.

(12 MARCH 2019)EUR/USD:1.1290 expected.

12 March 2019, 08:42
Jiming Huang
0
69

eur

Pivot (invalidation): 1.1240

Our preference

Long positions above 1.1240 with targets at 1.1275 & 1.1290 in extension.

Alternative scenario

Below 1.1240 look for further downside with 1.1220 & 1.1200 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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