(08 January 2020)EUR/USD Bullish bias above 1.1135.

(08 January 2020)EUR/USD Bullish bias above 1.1135.

8 January 2020, 08:57
Jiming Huang
0
70

eu
Pivot
 (invalidation): 1.1135
Our preference
Long positions above 1.1135 with targets at 1.1170 & 1.1185 in extension.
Alternative scenario
Below 1.1135 look for further downside with 1.1120 & 1.1110 as targets.
Comment
A support base at 1.1135 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

Share it with friends: