(25 OCTOBER 2018)EUR/USD:Key resistance at 1.1425.

Pivot (invalidation): 1.1425

Our preference

Short positions below 1.1425 with targets at 1.1380 & 1.1360 in extension.

Alternative scenario

Above 1.1425 look for further upside with 1.1450 & 1.1475 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.1425.

(By Swissquote TRADING CENTRAL)