(16 JULY 2018)EUR/USD:The upside prevails.

(16 JULY 2018)EUR/USD:The upside prevails.

16 July 2018, 10:11
Jiming Huang
0
53

eur

Pivot (invalidation): 1.1655

Our preference

Long positions above 1.1655 with targets at 1.1695 & 1.1720 in extension.

Alternative scenario

Below 1.1655 look for further downside with 1.1640 & 1.1610 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 

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