(25 August 2020)EUR/USD Key resistance at 1.1820.

(25 August 2020)EUR/USD Key resistance at 1.1820.

25 August 2020, 09:17
Jiming Huang
0
75

eu
Pivot
 (invalidation): 1.1820
Our preference
Short positions below 1.1820 with targets at 1.1780 & 1.1755 in extension.
Alternative scenario
Above 1.1820 look for further upside with 1.1850 & 1.1880 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.1820.

(By Swissquote TRADING CENTRAL)

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