(07 MAY 2019)EUR/USD:Further upside.

(07 MAY 2019)EUR/USD:Further upside.

7 May 2019, 10:17
Jiming Huang
0
14

eu

Pivot (invalidation): 1.1180

Our preference

Long positions above 1.1180 with targets at 1.1215 & 1.1240 in extension.

Alternative scenario

Below 1.1180 look for further downside with 1.1160 & 1.1145 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)

Share it with friends: