(30 JULY 2019)EUR/USD:Bullish bias above 1.1130.

(30 JULY 2019)EUR/USD:Bullish bias above 1.1130.

30 July 2019, 09:08
Jiming Huang
2
71

eu

Pivot (invalidation): 1.1130

Our preference

Long positions above 1.1130 with targets at 1.1150 & 1.1160 in extension.

Alternative scenario

Below 1.1130 look for further downside with 1.1115 & 1.1100 as targets.

Comment

A support base at 1.1130 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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