(20 October 2020)EUR/USD Bullish bias above 1.1755.

(20 October 2020)EUR/USD Bullish bias above 1.1755.

20 October 2020, 08:55
Jiming Huang
0
93

eu
Pivot
 (invalidation): 1.1755
Our preference
Long positions above 1.1755 with targets at 1.1780 & 1.1795 in extension.
Alternative scenario
Below 1.1755 look for further downside with 1.1740 & 1.1725 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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