(01 April 2019)EUR/USD:Key resistance at 1.1240.

(01 April 2019)EUR/USD:Key resistance at 1.1240.

1 April 2019, 09:47
Jiming Huang
0
71

eu

Pivot (invalidation): 1.1240

Our preference

Short positions below 1.1240 with targets at 1.1210 & 1.1195 in extension.

Alternative scenario

Above 1.1240 look for further upside with 1.1260 & 1.1285 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.1240

(By Swissquote TRADING CENTRAL)