Pivot (invalidation): 0.6950

Our preference Long positions above 0.6950 with targets at 0.6985 & 0.7000 in extension.

Alternative scenario Below 0.6950 look for further downside with 0.6935 & 0.6920 as targets.

- advertisement -

Comment The RSI advocates for further upside.

Previous articleUSD/CAD: Target 1.3535
Next articleUSD/TRY: Key Resistance At 6.8680
Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.