(04 SEPTEMBER 2018)EUR/USD:The downside prevails.

Pivot (invalidation): 1.1625

Our preference

Short positions below 1.1625 with targets at 1.1585 & 1.1565 in extension.

Alternative scenario

Above 1.1625 look for further upside with 1.1650 & 1.1675 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)