(02 MAY 2019)EUR/USD:Under pressure.

Pivot (invalidation): 1.1220

Our preference

Short positions below 1.1220 with targets at 1.1185 & 1.1175 in extension.

Alternative scenario

Above 1.1220 look for further upside with 1.1240 & 1.1260 as targets.

Comment

As Long as the resistance at 1.1220 is not surpassed, the risk of the break below 1.1185

remains high. 

(By Swissquote TRADING CENTRAL)