(16 March 2020)EUR/USD Bullish bias above 1.1055.

(16 March 2020)EUR/USD Bullish bias above 1.1055.

16 March 2020, 08:47
Jiming Huang
0
64

eu
Pivot
 (invalidation): 1.1055
Our preference
Long positions above 1.1055 with targets at 1.1155 & 1.1200 in extension.
Alternative scenario
Below 1.1055 look for further downside with 1.1025 & 1.0990 as targets.
Comment
The RSI lacks downward momentum

(By Swissquote TRADING CENTRAL)

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