(24 OCTOBER 2018)EUR/USD:Bullish bias above 1.1450.

Pivot (invalidation): 1.1450

Our preference

Long positions above 1.1450 with targets at 1.1490 & 1.1515 in extension.

Alternative scenario

Below 1.1450 look for further downside with 1.1430 & 1.1400 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)