(31 AUGUST 2018)EUR/CHF:Capped by a negative trend line.

Pivot (invalidation): 1.1330

Our preference

Short positions below 1.1330 with targets at 1.1270 & 1.1250 in extension.

Alternative scenario

Above 1.1330 look for further upside with 1.1350 & 1.1370 as targets.

Comment

The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL)