(31 JULY 2018)EUR/USD:The upside prevails.

(31 JULY 2018)EUR/USD:The upside prevails.

31 July 2018, 09:06
Jiming Huang
0
72

eur

Pivot (invalidation): 1.1690

Our preference

Long positions above 1.1690 with targets at 1.1720 & 1.1740 in extension.

Alternative scenario

Below 1.1690 look for further downside with 1.1665 & 1.1645 as targets.

Comment

The break above 1.1690 is a positive signal that has opened a path to 1.1720.

(By Swissquote TRADING CENTRAL) 

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