(13 August 2020)EUR/USD Watch 1.1850.

(13 August 2020)EUR/USD Watch 1.1850.

13 August 2020, 09:18
Jiming Huang
0
93

eu
Pivot
 (invalidation): 1.1775
Our preference
Long positions above 1.1775 with targets at 1.1835 & 1.1850 in extension.
Alternative scenario
Below 1.1775 look for further downside with 1.1760 & 1.1740 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)