(03 AUGUST 2018)EUR/USD:1.1570 expected.

(03 AUGUST 2018)EUR/USD:1.1570 expected.

3 August 2018, 09:36
Jiming Huang
0
60

eur

Pivot (invalidation): 1.1610

Our preference

Short positions below 1.1610 with targets at 1.1570 & 1.1540 in extension.

Alternative scenario

Above 1.1610 look for further upside with 1.1630 & 1.1655 as targets.

Comment

A break below 1.1570 would trigger a drop towards 1.1540

(By Swissquote TRADING CENTRAL) 

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