Contributors Technical Analysis EUR/USD: Under pressure

EUR/USD: Under pressure

Pivot (invalidation): 1.1800

Our preference Short positions below 1.1800 with targets at 1.1740 & 1.1715 in extension.

Alternative scenario Above 1.1800 look for further upside with 1.1820 & 1.1850 as targets.

Comment As Long as the resistance at 1.1800 is not surpassed, the risk of the break below 1.1740 remains high.

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