(13 AUGUST 2018)EUR/USD:The downside prevails.

(13 AUGUST 2018)EUR/USD:The downside prevails.

13 August 2018, 09:54
Jiming Huang
0
57

eur

Pivot (invalidation): 1.1440

Our preference

Short positions below 1.1440 with targets at 1.1340 & 1.1300 in extension.

Alternative scenario

Above 1.1440 look for further upside with 1.1485 & 1.1535 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL) 

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