(13 MAY 2020)EUR/USD Key resistance at 1.0865.

(13 MAY 2020)EUR/USD Key resistance at 1.0865.

13 May 2020, 08:56
Jiming Huang
0
93

eu
Pivot
 (invalidation): 1.0865
Our preference
Short positions below 1.0865 with targets at 1.0835 & 1.0815 in extension.
Alternative scenario
Above 1.0865 look for further upside with 1.0885 & 1.0900 as targets.
Comment
As Long as the resistance at 1.0865 is not surpassed, the risk of the break below 1.0835
remains high.

(By Swissquote TRADING CENTRAL)