EUR/USD may fall to 1.0515 - 1.0600

Pivot

1.0820

Our preference

Short positions below 1.0820 with targets at 1.0600 & 1.0515 in extension.

Alternative scenario

Above 1.0820 look for further upside with 1.0910 & 1.0980 as targets.

Comment

As long as 1.0820 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

1.0980

1.0910

1.0820

1.0772 Last

1.0600

1.0515

1.0450

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