EURUSD Daily Chart : Key Resistance 1.1880
Pivot: 1.1880
Preference: short positions below 1.1880 with targets at 1.1550 & 1.1300 in extension.
Alternative scenario: above 1.1880 look for further upside with 1.2090 & 1.2200 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1.2200 **
1.2090 **
1.1880 ***
1.1650 Last
1.1550 ***
1.1300 ***
1.1100 ***
Preference: short positions below 1.1880 with targets at 1.1550 & 1.1300 in extension.
Alternative scenario: above 1.1880 look for further upside with 1.2090 & 1.2200 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1.2200 **
1.2090 **
1.1880 ***
1.1650 Last
1.1550 ***
1.1300 ***
1.1100 ***