(18 February 2020)EUR/USD Key resistance at 1.0840.

(18 February 2020)EUR/USD Key resistance at 1.0840.

18 February 2020, 08:40
Jiming Huang
0
33

eu
Pivot
 (invalidation): 1.0840
Our preference
Short positions below 1.0840 with targets at 1.0815 & 1.0800 in extension.
Alternative scenario
Above 1.0840 look for further upside with 1.0850 & 1.0860 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.0840

(By Swissquote TRADING CENTRAL)

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