EUR/USD may fall 14 - 29 pips

Pivot

1.0845

Our preference

Short positions below 1.0845 with targets at 1.0815 & 1.0800 in extension.

Alternative scenario

Above 1.0845 look for further upside with 1.0860 & 1.0875 as targets.

Comment

A break below 1.0815 would trigger a drop towards 1.0800.

Supports and resistances

1.0875

1.0860

1.0845

1.0829 Last

1.0815

1.0800

1.0785

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