(14 AUGUST 2018)EUR/USD:Under pressure.

(14 AUGUST 2018)EUR/USD:Under pressure.

14 August 2018, 15:00
Jiming Huang
0
46

eur

Pivot (invalidation): 1.1430

Our preference

Short positions below 1.1430 with targets at 1.1385 & 1.1365 in extension.

Alternative scenario

Above 1.1430 look for further upside with 1.1480 & 1.1515 as targets.

Comment

As Long as the resistance at 1.1430 is not surpassed, the risk of the break below 1.1385

remains high. 

(By Swissquote TRADING CENTRAL)