(08 AUGUST 2018)EUR/USD:The upside prevails.

(08 AUGUST 2018)EUR/USD:The upside prevails.

8 August 2018, 09:25
Jiming Huang
0
60

eur

Pivot (invalidation): 1.1580

Our preference

Long positions above 1.1580 with targets at 1.1630 & 1.1655 in extension.

Alternative scenario

Below 1.1580 look for further downside with 1.1550 & 1.1530 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL) 

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