(11 FEBRUARY 2019)EUR/USD:The downside prevails.

(11 FEBRUARY 2019)EUR/USD:The downside prevails.

11 February 2019, 08:44
Jiming Huang
0
19

eur

Pivot (invalidation): 1.1345

Our preference

Short positions below 1.1345 with targets at 1.1300 & 1.1280 in extension.

Alternative scenario

Above 1.1345 look for further upside with 1.1360 & 1.1375 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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