(21 February 2020)EUR/USD Key resistance at 1.0800.

(21 February 2020)EUR/USD Key resistance at 1.0800.

21 February 2020, 08:44
Jiming Huang
0
35

eu
Pivot
 (invalidation): 1.0800
Our preference
Short positions below 1.0800 with targets at 1.0780 & 1.0770 in extension.
Alternative scenario
Above 1.0800 look for further upside with 1.0810 & 1.0820 as targets.
Comment
As Long as the resistance at 1.0800 is not surpassed, the risk of the break below 1.0780
remains high.

(By Swissquote TRADING CENTRAL)

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