(19 August 2020)EUR/USD Break of a ST rising trendline support.

(19 August 2020)EUR/USD Break of a ST rising trendline support.

19 August 2020, 09:05
Jiming Huang
0
85

eu
Pivot
 (invalidation): 1.1950
Our preference
Short positions below 1.1950 with targets at 1.1920 & 1.1895 in extension.
Alternative scenario
Above 1.1950 look for further upside with 1.1965 & 1.1985 as targets.
Comment
The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)

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