(14 MAY 2019)EUR/USD:Key resistance at 1.1240.

(14 MAY 2019)EUR/USD:Key resistance at 1.1240.

14 May 2019, 09:13
Jiming Huang
0
18

eu

Pivot (invalidation): 1.1240

Our preference

Short positions below 1.1240 with targets at 1.1220 & 1.1210 in extension.

Alternative scenario

Above 1.1240 look for further upside with 1.1255 & 1.1265 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.1240

(By Swissquote TRADING CENTRAL)


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