(22 October 2020)EUR/USD Towards 1.1800.

(22 October 2020)EUR/USD Towards 1.1800.

22 October 2020, 09:06
Jiming Huang
0
93

EU eu
Pivot
 (invalidation): 1.1865
Our preference
Short positions below 1.1865 with targets at 1.1815 & 1.1800 in extension.
Alternative scenario
Above 1.1865 look for further upside with 1.1880 & 1.1900 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)