(12 August 2020)EUR/USD The downside prevails.

(12 August 2020)EUR/USD The downside prevails.

12 August 2020, 09:10
Jiming Huang
0
80

eu
Pivot
 (invalidation): 1.1755
Our preference
Short positions below 1.1755 with targets at 1.1695 & 1.1675 in extension.
Alternative scenario
Above 1.1755 look for further upside with 1.1775 & 1.1800 as targets.
Comment
The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)

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