(21 JULY 2020)EUR/USD Bullish bias above 1.1440.

(21 JULY 2020)EUR/USD Bullish bias above 1.1440.

21 July 2020, 09:15
Jiming Huang
0
114

eu
Pivot
 (invalidation): 1.1440
Our preference
Long positions above 1.1440 with targets at 1.1470 & 1.1485 in extension.
Alternative scenario
Below 1.1440 look for further downside with 1.1415 & 1.1400 as targets.
Comment
A support base at 1.1440 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)