(05 JUNE 2020)EUR/USD Watch 1.1390.

(05 JUNE 2020)EUR/USD Watch 1.1390.

5 June 2020, 09:09
Jiming Huang
0
83

eu
Pivot
 (invalidation): 1.1300
Our preference
Long positions above 1.1300 with targets at 1.1360 & 1.1390 in extension.
Alternative scenario
Below 1.1300 look for further downside with 1.1270 & 1.1215 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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