(20 January 2020)EUR/USD Key resistance at 1.1105.

(20 January 2020)EUR/USD Key resistance at 1.1105.

20 January 2020, 08:59
Jiming Huang
0
30

eu
Pivot
 (invalidation): 1.1105
Our preference
Short positions below 1.1105 with targets at 1.1085 & 1.1070 in extension.
Alternative scenario
Above 1.1105 look for further upside with 1.1120 & 1.1130 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.1105.

(By Swissquote TRADING CENTRAL)

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