(22 AUGUST 2019)EUR/USD Under pressure.

(22 AUGUST 2019)EUR/USD Under pressure.

22 August 2019, 08:59
Jiming Huang
0
51

eu
Pivot
 (invalidation): 1.1105
Our preference
Short positions below 1.1105 with targets at 1.1065 & 1.1050 in extension.
Alternative scenario
Above 1.1105 look for further upside with 1.1120 & 1.1140 as targets.
Comment
As Long as the resistance at 1.1105 is not surpassed, the risk of the break below 1.1065
remains high.

(By Swissquote TRADING CENTRAL)

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