(08 October 2019 )EUR/USD Key resistance at 1.0985.

(08 October 2019 )EUR/USD Key resistance at 1.0985.

8 October 2019, 09:14
Jiming Huang
0
35

eu
Pivot
 (invalidation): 1.0985
Our preference
Short positions below 1.0985 with targets at 1.0960 & 1.0950 in extension.
Alternative scenario
Above 1.0985 look for further upside with 1.1000 & 1.1020 as targets.
Comment
As Long as the resistance at 1.0985 is not surpassed, the risk of the break below 1.0960
remains high.

(By Swissquote TRADING CENTRAL)

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