(07 October 2019 )EUR/USD Bullish bias above 1.0970.

(07 October 2019 )EUR/USD Bullish bias above 1.0970.

7 October 2019, 08:48
Jiming Huang
0
83

eu
Pivot
 (invalidation): 1.0970
Our preference
Long positions above 1.0970 with targets at 1.1000 & 1.1020 in extension.
Alternative scenario
Below 1.0970 look for further downside with 1.0955 & 1.0940 as targets.
Comment
A support base at 1.0970 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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