Technical analysis of EUR/USD for August 19, 2019

Overview: The EUR/USD pair opened below the weekly resistance 1 (1.1136). It continued to move downwards from the level of 1.1136 towards the spot of 1.1109 (the pivot point). Today, the first resistance level is currently seen at 1.1136, the price is moving in a bearish channel now. The RSI starts signaling a downward trend. […]