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analysing EUR/USD for Wednesdayto Dec. 11, 2019



EUR/USD Intraday: the upside prevails.
Pivot: 1.1080

Our preference: long positions above 1.1080 with targets at 1.1105 & 1.1115 in extension.

Alternative scenario: below 1.1080 look for further downside with 1.1070 & 1.1055 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

1.1125
1.1115
1.1105
1.1088 Last
1.1080
1.1070
1.1055
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