Contributors Technical Analysis EUR/USD Under Pressure

EUR/USD Under Pressure

Pivot (invalidation): 1.1165

Our preference Short positions below 1.1165 with targets at 1.1140 & 1.1130 in extension.

Alternative scenario Above 1.1165 look for further upside with 1.1180 & 1.1190 as targets.

Comment As Long as 1.1165 is resistance, look for choppy price action with a bearish bias.

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