(01 MAY 2020)EUR/USD Bullish bias above 1.0920.

(01 MAY 2020)EUR/USD Bullish bias above 1.0920.

1 May 2020, 09:05
Jiming Huang
0
69

eu
Pivot
 (invalidation): 1.0920
Our preference
Long positions above 1.0920 with targets at 1.0970 & 1.0990 in extension.
Alternative scenario
Below 1.0920 look for further downside with 1.0890 & 1.0865 as targets.
Comment
A support base at 1.0920 has formed and has allowed for a temporary stabilisa

(By Swissquote TRADING CENTRAL)

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