(16 January 2020)EUR/USD The bias remains bullish.

Pivot
 (invalidation): 1.1140
Our preference
Long positions above 1.1140 with targets at 1.1165 & 1.1180 in extension.
Alternative scenario
Below 1.1140 look for further downside with 1.1120 & 1.1105 as targets.
Comment
The break above 1.1140 is a positive signal that has opened a path to 1.1165.

(By Swissquote TRADING CENTRAL)