(20 AUGUST 2019)EUR/USD: Key resistance at 1.1100.

(20 AUGUST 2019)EUR/USD: Key resistance at 1.1100.

20 August 2019, 09:01
Jiming Huang
0
68


eu
Pivot
 (invalidation): 1.1100
Our preference
Short positions below 1.1100 with targets at 1.1075 & 1.1065 in extension.
Alternative scenario
Above 1.1100 look for further upside with 1.1115 & 1.1135 as targets.
Comment
As Long as the resistance at 1.1100 is not surpassed, the risk of the break below 1.1075
remains high.

(By Swissquote TRADING CENTRAL)

Share it with friends: