(06 AUGUST 2019)EUR/USD:The bias remains bullish.

(06 AUGUST 2019)EUR/USD:The bias remains bullish.

6 August 2019, 08:48
Jiming Huang
0
60

eur

Pivot (invalidation): 1.1210

Our preference

Long positions above 1.1210 with targets at 1.1250 & 1.1265 in extension.

Alternative scenario

Below 1.1210 look for further downside with 1.1190 & 1.1170 as targets.

Comment

Technically the RSI is above its neutrality area at 50

(By Swissquote TRADING CENTRAL)

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