(24 JULY 2019)EUR/USD:The downside prevails.

(24 JULY 2019)EUR/USD:The downside prevails.

24 July 2019, 09:14
Jiming Huang
0
60

eu

Pivot (invalidation): 1.1165

Our preference

Short positions below 1.1165 with targets at 1.1120 & 1.1105 in extension.

Alternative scenario

Above 1.1165 look for further upside with 1.1185 & 1.1205 as targets.

Comment

The break below 1.1165 is a negative signal that has opened a path to 1.1120

(By Swissquote TRADING CENTRAL)