(31 JULY 2018)EUR/CHF:Under pressure.

(31 JULY 2018)EUR/CHF:Under pressure.

31 July 2018, 09:19
Jiming Huang
0
67

ec

Pivot (invalidation): 1.1585

Our preference

Short positions below 1.1585 with targets at 1.1550 & 1.1535 in extension.

Alternative scenario

Above 1.1585 look for further upside with 1.1605 & 1.1620 as targets.

Comment

The break below 1.1585 is a negative signal that has opened a path to 1.1550.

(By Swissquote TRADING CENTRAL) 

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