(02 AUGUST 2019) EUR/USD:Turning down.

(02 AUGUST 2019) EUR/USD:Turning down.

2 August 2019, 09:05
Jiming Huang
0
52

eu

Pivot (invalidation): 1.1095

Our preference

Short positions below 1.1095 with targets at 1.1060 & 1.1040 in extension.

Alternative scenario

Above 1.1095 look for further upside with 1.1110 & 1.1135 as targets.

Comment

The index currently faces a challenging resistance area at 1.1095.

(By Swissquote TRADING CENTRAL)


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