(02 OCTOBER 2018)EUR/USD:The downside prevails.

(02 OCTOBER 2018)EUR/USD:The downside prevails.

2 October 2018, 09:01
Jiming Huang
0
65

eur

Pivot (invalidation): 1.1595

Our preference

Short positions below 1.1595 with targets at 1.1560 & 1.1540 in extension.

Alternative scenario

Above 1.1595 look for further upside with 1.1620 & 1.1650 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL) 

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