(27 October 2020)EUR/USD Caution.

(27 October 2020)EUR/USD Caution.

27 October 2020, 09:16
Jiming Huang
0
90

eu
Pivot
 (invalidation): 1.1825
Our preference
Short positions below 1.1825 with targets at 1.1800 & 1.1785 in extension.
Alternative scenario
Above 1.1825 look for further upside with 1.1840 & 1.1860 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.1825.

(By Swissquote TRADING CENTRAL)

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