(31 MAY 2019)EUR/USD:Under pressure.

(31 MAY 2019)EUR/USD:Under pressure.

31 May 2019, 08:48
Jiming Huang
0
65

eu

Pivot (invalidation): 1.1145

Our preference

Short positions below 1.1145 with targets at 1.1125 & 1.1115 in extension.

Alternative scenario

Above 1.1145 look for further upside with 1.1160 & 1.1170 as targets.

Comment

The index currently faces a challenging resistance area at 1.1145

(By Swissquote TRADING CENTRAL)