Sun, Dec 04, 2022 @ 08:02 GMT

EUR/USD Under Pressure

Pivot (invalidation): 1.1550

Our preference Short positions below 1.1550 with targets at 1.1510 & 1.1490 in extension.

Alternative scenario Above 1.1550 look for further upside with 1.1575 & 1.1600 as targets.

Comment As Long as 1.1550 is resistance, look for choppy price action with a bearish bias.

Swissquote Bank SA
Swissquote Bank SA
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