Sun, Jan 24, 2021 @ 15:00 GMT
Home Contributors Technical Analysis EUR/USD: Further Advance

EUR/USD: Further Advance

Pivot (invalidation): 1.1940

Our preference Long positions above 1.1940 with targets at 1.2000 & 1.2020 in extension.

Alternative scenario Below 1.1940 look for further downside with 1.1915 & 1.1900 as targets.

Comment The RSI is bullish and calls for further upside

Swissquote Bank SAhttp://en.swissquote.com/fx
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.

Featured Analysis

Learn Forex Trading