(03 April 2020)EUR/USD Capped by a negative trend line.

(03 April 2020)EUR/USD Capped by a negative trend line.

3 April 2020, 08:38
Jiming Huang
0
76

eu
Pivot
 (invalidation): 1.0885
Our preference
Short positions below 1.0885 with targets at 1.0820 & 1.0775 in extension.
Alternative scenario
Above 1.0885 look for further upside with 1.0910 & 1.0940 as targets.
Comment
A break below 1.0820 would trigger a drop towards 1.0775.

(By Swissquote TRADING CENTRAL)

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