(21 AUGUST 2019)BP/USD Key resistance at 1.2145.

(21 AUGUST 2019)BP/USD Key resistance at 1.2145.

21 August 2019, 08:56
Jiming Huang
0
45

gb
Pivot
 (invalidation): 1.2145
Our preference
Short positions below 1.2145 with targets at 1.2120 & 1.2105 in extension.
Alternative scenario
Above 1.2145 look for further upside with 1.2170 & 1.2190 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.2145.

(By Swissquote TRADING CENTRAL)

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