(10 JULY 2019)EUR/USD:Expect 1.1235.

(10 JULY 2019)EUR/USD:Expect 1.1235.

10 July 2019, 08:46
Jiming Huang
0
60

ewu

Pivot (invalidation): 1.1195

Our preference

Long positions above 1.1195 with targets at 1.1220 & 1.1235 in extension.

Alternative scenario

Below 1.1195 look for further downside with 1.1180 & 1.1160 as targets.

Comment

The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)