(12 AUGUST 2019)EUR/USD:Supported by a rising trend line.

(12 AUGUST 2019)EUR/USD:Supported by a rising trend line.

12 August 2019, 09:18
Jiming Huang
0
69

eu

Pivot
 (invalidation): 1.1195
Our preference
Long positions above 1.1195 with targets at 1.1225 & 1.1240 in extension.
Alternative scenario
Below 1.1195 look for further downside with 1.1185 & 1.1175 as targets.
Comment
The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)

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