8099901 11/10/2017 3:54 PM, EUR/USD Intraday: bullish bias above 1.1615.


Pivot: 1.1615


Our preference:

long positions above 1.1615 with targets at 1.1655 & 1.1690 in extension.


Alternative scenario:

below 1.1615 look for further downside with 1.1580 & 1.1555 as targets.


Comment:

even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


Supports and resistances:


1.1720 **

1.1690 **

1.1655 **


1.1636

Last

1.1615 ***

1.1580 *

1.1555 **