(25 SEPTEMBER 2018)EUR/USD:The downside prevails.

(25 SEPTEMBER 2018)EUR/USD:The downside prevails.

25 September 2018, 09:03
Jiming Huang
0
62

eur

Pivot (invalidation): 1.1760

Our preference

Short positions below 1.1760 with targets at 1.1720 & 1.1700 in extension.

Alternative scenario

Above 1.1760 look for further upside with 1.1775 & 1.1795 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)