(03 August 2020)EUR/USD Under pressure.

Pivot
 (invalidation): 1.1800
Our preference
Short positions below 1.1800 with targets at 1.1740 & 1.1715 in extension.
Alternative scenario
Above 1.1800 look for further upside with 1.1820 & 1.1850 as targets.
Comment
As Long as the resistance at 1.1800 is not surpassed, the risk of the break below 1.1740
remains high.

(By Swissquote TRADING CENTRAL)