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HomeContributorsTechnical AnalysisEUR/USD: Towards 1.2060

EUR/USD: Towards 1.2060

Swissquote Bank SA
By Swissquote Bank SA

Pivot (invalidation): 1.2150

Our preference Short positions below 1.2150 with targets at 1.2080 & 1.2060 in extension.

Alternative scenario Above 1.2150 look for further upside with 1.2175 & 1.2200 as targets.

Comment As Long as the resistance at 1.2150 is not surpassed, the risk of the break below 1.2080 remains high.

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