(01  February 2019)EUR/USD:The downside prevails.

(01 February 2019)EUR/USD:The downside prevails.

2 February 2019, 06:43
Jiming Huang
0
49

eur

Pivot (invalidation): 1.1475

Our preference

Short positions below 1.1475 with targets at 1.1410 & 1.1390 in extension.

Alternative scenario

Above 1.1475 look for further upside with 1.1495 & 1.1515 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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