(24 AUGUST 2018)EUR/USD:Under pressure.

(24 AUGUST 2018)EUR/USD:Under pressure.

24 August 2018, 09:21
Jiming Huang
0
74

eur

Pivot (invalidation): 1.1575

Our preference

Short positions below 1.1575 with targets at 1.1510 & 1.1490 in extension.

Alternative scenario

Above 1.1575 look for further upside with 1.1600 & 1.1620 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)