(26 August 2020)EUR/USD Key resistance at 1.1845.

(26 August 2020)EUR/USD Key resistance at 1.1845.

26 August 2020, 09:16
Jiming Huang
0
83

eu
Pivot
 (invalidation): 1.1845
Our preference
Short positions below 1.1845 with targets at 1.1800 & 1.1780 in extension.
Alternative scenario
Above 1.1845 look for further upside with 1.1860 & 1.1880 as targets.
Comment
Technically the RSI is below its neutrality area at 50.

(By Swissquote TRADING CENTRAL)