EUR/USD Intraday: target 1.1650.

Date: 2018/10/12
Time: 05:42 (GMT +2)
Ticker: EUR
Last: 1.1602
Pivot: 1.1575
1st sup. 1.1575
2nd sup. 1.1545
3rd sup. 1.1515
1st res. 1.1625
2nd res. 1.165
3rd res. 1.1685
Title:
Summary: Long positions above 1.1575 with targets at 1.1625 & 1.1650 in extension.
Story: Pivot: 1.1575

Our preference: long positions above 1.1575 with targets at 1.1625 & 1.1650 in extension.

Alternative scenario: below 1.1575 look for further downside with 1.1545 & 1.1515 as targets.

Comment: the RSI is bullish and calls for further upside. The pair is trading within a bullish channel drawn from the low of October 9.

Supports and resistances:
1.1685
1.1650
1.1625
1.1602 Last
1.1575
1.1545
1.1515