(05 March 2020)EUR/USD Bullish bias above 1.1120.

(05 March 2020)EUR/USD Bullish bias above 1.1120.

5 March 2020, 08:52
Jiming Huang
0
88

eu
Pivot
 (invalidation): 1.1120
Our preference
Long positions above 1.1120 with targets at 1.1150 & 1.1175 in extension.
Alternative scenario
Below 1.1120 look for further downside with 1.1095 & 1.1065 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)