(29 November 2019)EUR/USD Supported by a rising trend line.

(29 November 2019)EUR/USD Supported by a rising trend line.

29 November 2019, 08:48
Jiming Huang
0
63

eu
Pivot
 (invalidation): 1.1000
Our preference
Long positions above 1.1000 with targets at 1.1020 & 1.1030 in extension.
Alternative scenario
Below 1.1000 look for further downside with 1.0990 & 1.0980 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)

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