(20 MAY 2019)EUR/USD:The downside prevails.

(20 MAY 2019)EUR/USD:The downside prevails.

20 May 2019, 09:22
Jiming Huang
0
13

eu

Pivot (invalidation): 1.1180

Our preference

Short positions below 1.1180 with targets at 1.1140 & 1.1120 in extension.

Alternative scenario

Above 1.1180 look for further upside with 1.1200 & 1.1220 as targets.

Comment

As Long as 1.1180 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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