(16 JULY 2020)EUR/USD Turning down.

(16 JULY 2020)EUR/USD Turning down.

16 July 2020, 09:15
Jiming Huang
0
101

ru
Pivot
 (invalidation): 1.1425
Our preference
Short positions below 1.1425 with targets at 1.1390 & 1.1360 in extension.
Alternative scenario
Above 1.1425 look for further upside with 1.1450 & 1.1470 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)


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