(08 JULY 2020)EUR/USD Key resistance at 1.1290.

Pivot
 (invalidation): 1.1290
Our preference
Short positions below 1.1290 with targets at 1.1260 & 1.1245 in extension.
Alternative scenario
Above 1.1290 look for further upside with 1.1305 & 1.1330 as targets.
Comment
As Long as the resistance at 1.1290 is not surpassed, the risk of the break below 1.1260
remains high.

(By Swissquote TRADING CENTRAL)