(02 AUGUST 2018)EUR/CHF:Under pressure.

Pivot (invalidation): 1.1580

Our preference

Short positions below 1.1580 with targets at 1.1555 & 1.1540 in extension.

Alternative scenario

Above 1.1580 look for further upside with 1.1600 & 1.1620 as targets.

Comment

As Long as 1.1580 is resistance, likely decline to 1.1555.

(By Swissquote TRADING CENTRAL)