(05 APRIL 2019)EUR/USD:Key resistance at 1.1230.

(05 APRIL 2019)EUR/USD:Key resistance at 1.1230.

5 April 2019, 09:49
Jiming Huang
0
17

eu

Pivot (invalidation): 1.1230

Our preference

Short positions below 1.1230 with targets at 1.1205 & 1.1195 in extension.

Alternative scenario

Above 1.1230 look for further upside with 1.1245 & 1.1255 as targets.

Comment

The index currently faces a challenging resistance area at 1.1230.

(By Swissquote TRADING CENTRAL)

Share it with friends: