(06 MAY 2019)EUR/USD:Bullish bias above 1.1175.

(06 MAY 2019)EUR/USD:Bullish bias above 1.1175.

6 May 2019, 13:20
Jiming Huang
0
52

eur

Pivot (invalidation): 1.1175

Our preference

Long positions above 1.1175 with targets at 1.1200 & 1.1215 in extension.

Alternative scenario

Below 1.1175 look for further downside with 1.1160 & 1.1145 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)


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