(10 October 2019)EUR/USD Further advance.

(10 October 2019)EUR/USD Further advance.

10 October 2019, 09:49
Jiming Huang
0
24

eu
Pivot
 (invalidation): 1.0970
Our preference
Long positions above 1.0970 with targets at 1.1000 & 1.1015 in extension.
Alternative scenario
Below 1.0970 look for further downside with 1.0955 & 1.0940 as targets.
Comment
The RSI is bullish and calls for further advance. The pair has validated a bullish «flag»
continuation pattern while advancing further.

(By Swissquote TRADING CENTRAL)

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