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

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

12 June 2020, 08:56
Jiming Huang
0
92

eu
Pivot
 (invalidation): 1.1315
Our preference
Short positions below 1.1315 with targets at 1.1260 & 1.1240 in extension.
Alternative scenario
Above 1.1315 look for further upside with 1.1350 & 1.1375 as targets.
Comment
The break below 1.1315 is a negative signal that has opened a path to 1.1260.

(By Swissquote TRADING CENTRAL)

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