
<h2 class="wp-block-heading">EUR/USD Analysis 20/05/2020</h2>



<h6 class="wp-block-heading"><img class="wp-image-17149 aligncenter" src="https://astorz.com/wp-content/uploads/2020/05/Sans-titre-1.jpg" alt="" width="736" height="518"></h6>



<h6 class="wp-block-heading">Pivot : ; <em>1.0955</em></h6>



<h6 class="wp-block-heading">Our strategy:</h6>



<h6 class="wp-block-heading">Short positions below <em><strong>1.0955</strong></em> with targets at <em><strong>1.0915</strong></em> &; <em><strong>1.0900</strong></em> in extension.</h6>



<h6 class="wp-block-heading">Alternative scenario:</h6>



<h6 class="wp-block-heading">Above <em><strong>1.0955</strong></em> look for further upside with <em><strong>1.0975</strong></em> &; <em><strong>1.0990</strong></em> as targets.</h6>



<h6 class="wp-block-heading">Comment:</h6>



<h6 class="wp-block-heading">The upward potential is likely to be limited by the resistance at <em><strong>1.0955</strong></em>.</h6>



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<h6 class="wp-block-heading">Resistances:</h6>



<h6 class="wp-block-heading">Resistance 3: ;  ; <strong>1.0990</strong></h6>



<h6 class="wp-block-heading">Resistance 2: <strong>1.0975</strong></h6>



<h6 class="wp-block-heading">Resistance 1: <strong>1.0955</strong></h6>



<h6 class="wp-block-heading">Resistance 0: 1.0940 Last</h6>



<h6 class="wp-block-heading">Supports:</h6>



<h6 class="wp-block-heading">Support 3 : <em><strong>1.0915</strong></em></h6>



<h6 class="wp-block-heading">Support 2 : <em><strong>1.0900</strong></em></h6>



<h6 class="wp-block-heading">Support 1 : <em><strong>1.0870</strong></em></h6>



<h6 class="wp-block-heading">Number of asterisks represents the strength of support and resistance levels.</h6>



<h5 class="wp-block-heading">Daily and weekly charts are also bearish.</h5>



<h6 class="wp-block-heading">EUR/USD may fall 25 &#8211; 40 pips</h6>



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EUR/USD Analysis 20/05/2020
