(06 AUGUST 2018)EUR/USD:Target 1.1540.

(06 AUGUST 2018)EUR/USD:Target 1.1540.

6 August 2018, 09:45
Jiming Huang
0
48

eur

Pivot (invalidation): 1.1600

Our preference

Short positions below 1.1600 with targets at 1.1540 & 1.1510 in extension.

Alternative scenario

Above 1.1600 look for further upside with 1.1630 & 1.1655 as targets.

Comment

The RSI lacks upward momentum

(By Swissquote TRADING CENTRAL) 

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