(06 NOVEMBER 2018)EUR/USD:Bullish bias above 1.1395.

Pivot (invalidation): 1.1395

Our preference

Long positions above 1.1395 with targets at 1.1430 & 1.1455 in extension.

Alternative scenario

Below 1.1395 look for further downside with 1.1370 & 1.1350 as targets.

Comment

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

limited.

(By Swissquote TRADING CENTRAL)