(07 April 2020)EUR/USD Rebound expected.

(07 April 2020)EUR/USD Rebound expected.

7 April 2020, 09:00
Jiming Huang
0
62

eu
Pivot
 (invalidation): 1.0780
Our preference
Long positions above 1.0780 with targets at 1.0835 & 1.0865 in extension.
Alternative scenario
Below 1.0780 look for further downside with 1.0765 & 1.0740 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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