(24 January 2020)EUR/USD Key resistance at 1.1070.

(24 January 2020)EUR/USD Key resistance at 1.1070.

24 January 2020, 08:47
Jiming Huang
0
34

eu
Pivot
 (invalidation): 1.1070
Our preference
Short positions below 1.1070 with targets at 1.1035 & 1.1015 in extension.
Alternative scenario
Above 1.1070 look for further upside with 1.1085 & 1.1100 as targets.
Comment
As Long as the resistance at 1.1070 is not surpassed, the risk of the break below 1.1035
remains high.

(By Swissquote TRADING CENTRAL)

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