(02 NOVEMBER 2018)EUR/USD:Bullish bias above 1.1385.

(02 NOVEMBER 2018)EUR/USD:Bullish bias above 1.1385.

2 November 2018, 08:38
Jiming Huang
0
70

eur

Pivot (invalidation): 1.1385

Our preference

Long positions above 1.1385 with targets at 1.1425 & 1.1435 in extension.

Alternative scenario

Below 1.1385 look for further downside with 1.1365 & 1.1350 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL) 

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