EUR/USD – Currency exchange rate forecast 21.08.2019: the bias remains bullish.

EUR/USD - Currency exchange rate forecast 21.08.2019: the bias remains bullish.

Long positions above 1.1085 with targets at 1.1110 & 1.1120 in extension.

Pivot: 1.1085

Our preference: long positions above 1.1085 with targets at 1.1110 & 1.1120 in extension.

Alternative scenario: below 1.1085 look for further downside with 1.1075 & 1.1065 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

1.1140

1.1120

1.1110

1.1097 Last

1.1085

1.1075

1.1065

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