EUR/USD may fall 19 - 44 pips

Pivot

1.0755

Our preference

Short positions below 1.0755 with targets at 1.0710 & 1.0685 in extension.

Alternative scenario

Above 1.0755 look for further upside with 1.0775 & 1.0800 as targets.

Comment

The break below 1.0755 is a negative signal that has opened a path to 1.0710.

Supports and resistances

1.0800

1.0775

1.0755

1.0729 Last

1.0710

1.0685

1.0665

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