8096672 11/10/2017 1:53 AM, EUR/USD Intraday: further advance.


Pivot: 1.1605


Our preference:

long positions above 1.1605 with targets at 1.1665 & 1.1695 in extension.


Alternative scenario:

below 1.1605 look for further downside with 1.1585 & 1.1570 as targets.


Comment:

the RSI lacks downward momentum. Prices broke above an ascending triangle pattern.


Supports and resistances:


1.1720 **

1.1695 **

1.1665 **


1.1647

Last

1.1605 ***

1.1585 *

1.1570 **