(17 AUGUST 2018)EUR/USD:Target 1.1400.

(17 AUGUST 2018)EUR/USD:Target 1.1400.

17 August 2018, 09:40
Jiming Huang
0
63

eur

Pivot (invalidation): 1.1350

Our preference

Long positions above 1.1350 with targets at 1.1400 & 1.1430 in extension.

Alternative scenario

Below 1.1350 look for further downside with 1.1330 & 1.1300 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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