(21 MAY 2019)EUR/USD:The bias remains bullish.

(21 MAY 2019)EUR/USD:The bias remains bullish.

21 May 2019, 09:19
Jiming Huang
0
57

eu

Pivot (invalidation): 1.1150

Our preference

Long positions above 1.1150 with targets at 1.1180 & 1.1200 in extension.

Alternative scenario

Below 1.1150 look for further downside with 1.1135 & 1.1120 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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