(20 JULY 2018)EUR/USD:Target 1.1665.

(20 JULY 2018)EUR/USD:Target 1.1665.

20 July 2018, 09:50
Jiming Huang
0
73

eur

Pivot (invalidation): 1.1615

Our preference

Long positions above 1.1615 with targets at 1.1665 & 1.1700 in extension.

Alternative scenario

Below 1.1615 look for further downside with 1.1595 & 1.1575 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

Share it with friends: