(20 AUGUST 2018)EUR/USD:Bullish bias above 1.1405.

(20 AUGUST 2018)EUR/USD:Bullish bias above 1.1405.

20 August 2018, 09:30
Jiming Huang
0
60

eur

Pivot (invalidation): 1.1405

Our preference

Long positions above 1.1405 with targets at 1.1445 & 1.1475 in extension.

Alternative scenario

Below 1.1405 look for further downside with 1.1385 & 1.1365 as targets.

Comment

The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL) 

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