(10 JULY 2018)EUR/USD:Key resistance at 1.1770.

(10 JULY 2018)EUR/USD:Key resistance at 1.1770.

10 July 2018, 09:40
Jiming Huang
0
21

eur

Pivot (invalidation): 1.1770

Our preference

Short positions below 1.1770 with targets at 1.1720 & 1.1700 in extension.

Alternative scenario

Above 1.1770 look for further upside with 1.1790 & 1.1805 as targets.

Comment

The RSI is capped by a declining trend line.

(By Swissquote TRADING CENTRAL) 

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