(28 SEPTEMBER 2018)EUR/USD:Under pressure.

Pivot (invalidation): 1.1670

Our preference

Short positions below 1.1670 with targets at 1.1615 & 1.1585 in extension.

Alternative scenario

Above 1.1670 look for further upside with 1.1695 & 1.1725 as targets.

Comment

The break below 1.1670 is a negative signal that has opened a path to 1.1615.

(By Swissquote TRADING CENTRAL)