(20 MAY 2020)EUR/USD Key resistance at 1.0955.

(20 MAY 2020)EUR/USD Key resistance at 1.0955.

20 May 2020, 09:18
Jiming Huang
0
81

eu
Pivot
 (invalidation): 1.0955
Our preference
Short positions below 1.0955 with targets at 1.0915 & 1.0900 in extension.
Alternative scenario
Above 1.0955 look for further upside with 1.0975 & 1.0990 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.0955.

(By Swissquote TRADING CENTRAL)

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