(05 SEPTEMBER 2018)EUR/USD:The bias remains bullish.

(05 SEPTEMBER 2018)EUR/USD:The bias remains bullish.

5 September 2018, 09:11
Jiming Huang
0
62

eur

Pivot (invalidation): 1.1575

Our preference

Long positions above 1.1575 with targets at 1.1610 & 1.1625 in extension.

Alternative scenario

Below 1.1575 look for further downside with 1.1550 & 1.1530 as targets.

Comment

A support base at 1.1575 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 

Share it with friends: