(12 February 2020)EUR/USD Bullish bias above 1.0905.

Pivot
 (invalidation): 1.0905
Our preference
Long positions above 1.0905 with targets at 1.0925 & 1.0940 in extension.
Alternative scenario
Below 1.0905 look for further downside with 1.0890 & 1.0875 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)