Contributors Technical Analysis EUR/USD Further Advance

EUR/USD Further Advance

Pivot (invalidation): 1.0920

Our preference Long positions above 1.0920 with targets at 1.0965 & 1.0985 in extension.

Alternative scenario Below 1.0920 look for further downside with 1.0905 & 1.0890 as targets.

Comment The RSI calls for a new upleg.

Previous articleCaution Kicks In As Corporate Earnings Loom
Next articleGBP/USD Watch 1.2630
Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version