(22 OCTOBER 2018)EUR/USD:The upside prevails.

(22 OCTOBER 2018)EUR/USD:The upside prevails.

22 October 2018, 09:13
Jiming Huang
0
64

eur

Pivot (invalidation): 1.1485

Our preference

Long positions above 1.1485 with targets at 1.1530 & 1.1545 in extension.

Alternative scenario

Below 1.1485 look for further downside with 1.1455 & 1.1435 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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