(08 MAY 2020)EUR/USD Towards 1.0885.

(08 MAY 2020)EUR/USD Towards 1.0885.

8 May 2020, 08:52
Jiming Huang
0
83

eu
Pivot
 (invalidation): 1.0820
Our preference
Long positions above 1.0820 with targets at 1.0855 & 1.0885 in extension.
Alternative scenario
Below 1.0820 look for further downside with 1.0790 & 1.0765 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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