(23 APRIL 2019)EUR/USD:Intraday support around 1.1240.

(23 APRIL 2019)EUR/USD:Intraday support around 1.1240.

23 April 2019, 09:27
Jiming Huang
0
16

eu

Pivot (invalidation): 1.1240

Our preference

Long positions above 1.1240 with targets at 1.1260 & 1.1275 in extension.

Alternative scenario

Below 1.1240 look for further downside with 1.1225 & 1.1210 as targets.

Comment

A support base at 1.1240 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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