(04 JUNE 2020)EUR/USD The downside prevails.

(04 JUNE 2020)EUR/USD The downside prevails.

4 June 2020, 08:58
Jiming Huang
0
89

eu
Pivot
 (invalidation): 1.1245
Our preference
Short positions below 1.1245 with targets at 1.1200 & 1.1180 in extension.
Alternative scenario
Above 1.1245 look for further upside with 1.1260 & 1.1280 as targets.
Comment
The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)

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