(08 October 2020)EUR/USD Bullish bias above 1.1755.

(08 October 2020)EUR/USD Bullish bias above 1.1755.

8 October 2020, 08:48
Jiming Huang
0
134

eu
Pivot
 (invalidation): 1.1755
Our preference
Long positions above 1.1755 with targets at 1.1785 & 1.1805 in extension.
Alternative scenario
Below 1.1755 look for further downside with 1.1740 & 1.1725 as targets.
Comment
A support base at 1.1755 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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