EUR/USD may rise 17 - 32 pips

Pivot

1.0810

Our preference

Long positions above 1.0810 with targets at 1.0855 & 1.0870 in extension.

Alternative scenario

Below 1.0810 look for further downside with 1.0790 & 1.0775 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

1.0900

1.0870

1.0855

1.0838 Last

1.0810

1.0790

1.0775

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