(05 MAY 2020)EUR/USD Key resistance at 1.0925.

(05 MAY 2020)EUR/USD Key resistance at 1.0925.

5 May 2020, 09:03
Jiming Huang
0
83

eu
Pivot
 (invalidation): 1.0925
Our preference
Short positions below 1.0925 with targets at 1.0890 & 1.0875 in extension.
Alternative scenario
Above 1.0925 look for further upside with 1.0945 & 1.0965 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.0925.

(By Swissquote TRADING CENTRAL)

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