(22 October 2019)EUR/USD Key resistance at 1.1160.

(22 October 2019)EUR/USD Key resistance at 1.1160.

22 October 2019, 08:55
Jiming Huang
0
32

eu
Pivot
 (invalidation): 1.1160
Our preference
Short positions below 1.1160 with targets at 1.1135 & 1.1115 in extension.
Alternative scenario
Above 1.1160 look for further upside with 1.1180 & 1.1195 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.1160.

(By Swissquote TRADING CENTRAL)

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