(08 JULY 2019)EUR/USD:The downside prevails.

(08 JULY 2019)EUR/USD:The downside prevails.

8 July 2019, 09:06
Jiming Huang
0
50

eo

Pivot (invalidation): 1.1240

Our preference

Short positions below 1.1240 with targets at 1.1205 & 1.1180 in extension.

Alternative scenario

Above 1.1240 look for further upside with 1.1255 & 1.1270 as targets.

Comment

The RSI calls for a new downleg

(By Swissquote TRADING CENTRAL)


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