(09 November 2020)EUR/USD The upside prevails.

(09 November 2020)EUR/USD The upside prevails.

9 November 2020, 08:59
Jiming Huang
0
91

eu
Pivot
 (invalidation): 1.1860
Our preference
Long positions above 1.1860 with targets at 1.1910 & 1.1935 in extension.
Alternative scenario
Below 1.1860 look for further downside with 1.1840 & 1.1810 as targets.
Comment
The break above 1.1860 is a positive signal that has opened a path to 1.191

(By Swissquote TRADING CENTRAL)