(15 AUGUST 2018)EUR/USD:The downside prevails

(15 AUGUST 2018)EUR/USD:The downside prevails

15 August 2018, 09:04
Jiming Huang
0
57

eur

Pivot (invalidation): 1.1380

Our preference

Short positions below 1.1380 with targets at 1.1290 & 1.1250 in extension.

Alternative scenario

Above 1.1380 look for further upside with 1.1430 & 1.1480 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL) 

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