EUR/USD ST: key resistance at 1.2190.

EURUSD

Trading Central 2021-02-22 07:26:06

Pivot: 1.2190

Our preference: short positions below 1.2190 with targets at 1.2030 & 1.1950 in extension.

Alternative scenario: above 1.2190 look for further upside with 1.2345 & 1.2410 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.2190.

Supports and resistances:

1.2410 **

1.2345 ***

1.2190 ***

1.2124 Last

1.2030 ***

1.1950 ***

1.1840 ***

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.