(12 MAY 2020)EUR/USD Key resistance at 1.0815.

Pivot
 (invalidation): 1.0815
Our preference
Short positions below 1.0815 with targets at 1.0785 & 1.0765 in extension.
Alternative scenario
Above 1.0815 look for further upside with 1.0835 & 1.0850 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)