(09 MAY 2019)EUR/USD:Turning down.

(09 MAY 2019)EUR/USD:Turning down.

9 May 2019, 09:40
Jiming Huang
0
48

eu

Pivot (invalidation): 1.1200

Our preference

Short positions below 1.1200 with targets at 1.1180 & 1.1170 in extension.

Alternative scenario

Above 1.1200 look for further upside with 1.1215 & 1.1225 as targets.

Comment

The RSI calls for a drop.

(By Swissquote TRADING CENTRAL)

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