(17 OCTOBER 2018)EUR/USD:Under pressure.

(17 OCTOBER 2018)EUR/USD:Under pressure.

17 October 2018, 09:28
Jiming Huang
0
52

eur

Pivot (invalidation): 1.1580

Our preference

Short positions below 1.1580 with targets at 1.1540 & 1.1515 in extension.

Alternative scenario

Above 1.1580 look for further upside with 1.1595 & 1.1610 as targets.

Comment

The immediate trend remains down and the momentum is strong.

(By Swissquote TRADING CENTRAL) 

Share it with friends: