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

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

7 August 2019, 09:05
Jiming Huang
0
44

eu

Pivot (invalidation): 1.1190

Our preference

Long positions above 1.1190 with targets at 1.1230 & 1.1250 in extension.

Alternative scenario

Below 1.1190 look for further downside with 1.1170 & 1.1150 as targets.

Comment

The break above 1.1190 is a positive signal that has opened a path to 1.1230.

(By Swissquote TRADING CENTRAL)


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