EURUSD Nov, 20 2020

Technical Analysis
Friday, November 20, 2020 - 05:57
Point Trader Group
EURUSD Nov, 20 2020

Overview:

prices are moving in an upward short-term direction. 

Expected:

The pair is approaching a strong resistance level around 1.1890, which enhances the downside chances during the day's trading to 1.1860. 

Alternative Scenario:

On the other hand, we see that if the 1.1890 level is broken to the upside, this pair might push up to 1.1930. 

 

Resistance1.18901.19301.1960
Support1.18601.18301.1800

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