(29 OCTOBER 2018)EUR/USD:Intraday support around 1.1380.

Pivot (invalidation): 1.1380

Our preference

Long positions above 1.1380 with targets at 1.1420 & 1.1445 in extension.

Alternative scenario

Below 1.1380 look for further downside with 1.1355 & 1.1335 as targets.

Comment

A support base at 1.1380 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)