EUR/USD Intraday: the downside prevails.

Trading Central 2020-11-19 09:45:06

Pivot: 1.1860

Our preference: short positions below 1.1860 with targets at 1.1820 & 1.1800 in extension.

Alternative scenario: above 1.1860 look for further upside with 1.1875 & 1.1890 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:

1.1890

1.1875

1.1860

1.1838 Last

1.1820

1.1800

1.1780

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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