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

Pivot (invalidation): 1.1555

Our preference

Short positions below 1.1555 with targets at 1.1525 & 1.1510 in extension.

Alternative scenario

Above 1.1555 look for further upside with 1.1570 & 1.1590 as targets.

Comment

As Long as 1.1555 is resistance, expect a return to 1.1525.

(By Swissquote TRADING CENTRAL)