EUR/USD may rise 17 - 32 pips

Pivot

1.0725

Our preference

Long positions above 1.0725 with targets at 1.0760 & 1.0775 in extension.

Alternative scenario

Below 1.0725 look for further downside with 1.0710 & 1.0695 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances

1.0790

1.0775

1.0760

1.0743 Last

1.0725

1.0710

1.0695

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