![(08 OCTOBER 2018)EUR/USD:Bullish bias above 1.1500. (08 OCTOBER 2018)EUR/USD:Bullish bias above 1.1500.](https://c.mql5.com/6/815/splash-721679.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot (invalidation): 1.1500
Our preference
Long positions above 1.1500 with targets at 1.1540 & 1.1555 in extension.
Alternative scenario
Below 1.1500 look for further downside with 1.1480 & 1.1460 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)