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2019/10/24- 11.27 AM

Our preference: long positions above 1.1120 with targets at 1.1155 & 1.1170 in extension.

Alternative scenario: below 1.1120 look for further downside with 1.1105 & 1.1085 as targets.

Comment: the RSI is bullish and calls for further upside. The pair remains on the upside after validating a bullish break-out from a bearish channel in place since October 21.

Previous Updates

2019-10-24

2019-10-24

2019-10-22

2019-10-22