(19  November 2020)EUR/USD Key resistance at 1.1860.

(19 November 2020)EUR/USD Key resistance at 1.1860.

19 November 2020, 09:07
Jiming Huang
0
91

eu
Pivot
 (invalidation): 1.1860
Our preference
Short positions below 1.1860 with targets at 1.1830 & 1.1820 in extension.
Alternative scenario
Above 1.1860 look for further upside with 1.1875 & 1.1890 as targets.
Comment
As Long as the resistance at 1.1860 is not surpassed, the risk of the break below 1.1830
remains high.

(By Swissquote TRADING CENTRAL)