EUR/USD may rise 15 - 35 pips

Pivot

1.0705

Our preference

Long positions above 1.0705 with targets at 1.0750 & 1.0770 in extension.

Alternative scenario

Below 1.0705 look for further downside with 1.0690 & 1.0675 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

1.0790

1.0770

1.0750

1.0735 Last

1.0705

1.0690

1.0675

Number of asterisks represents the strength of support and resistance levels.