(05 OCTOBER 2018)EUR/USD:Bullish bias above 1.1490.

(05 OCTOBER 2018)EUR/USD:Bullish bias above 1.1490.

5 October 2018, 09:11
Jiming Huang
0
76

eur

Pivot (invalidation): 1.1490

Our preference

Long positions above 1.1490 with targets at 1.1520 & 1.1545 in extension.

Alternative scenario

Below 1.1490 look for further downside with 1.1460 & 1.1430 as targets.

Comment

A support base at 1.1490 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL) 

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