(18 APRIL 2019)EUR/USD:Turning down.

(18 APRIL 2019)EUR/USD:Turning down.

18 April 2019, 09:37
Jiming Huang
0
19

eu

Pivot (invalidation): 1.1305

Our preference

Short positions below 1.1305 with targets at 1.1275 & 1.1260 in extension.

Alternative scenario

Above 1.1305 look for further upside with 1.1320 & 1.1340 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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