(02 JULY 2018)EUR/USD:Bullish bias above 1.1640.

(02 JULY 2018)EUR/USD:Bullish bias above 1.1640.

2 July 2018, 14:17
Jiming Huang
0
20

eur

Bullish bias above 1.1640. 

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 1.1640

Our preference

Long positions above 1.1640 with targets at 1.1690 & 1.1720 in extension.

Alternative scenario

Below 1.1640 look for further downside with 1.1610 & 1.1570 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

Share it with friends: