EUR/USD may fall 18 - 33 pips

Pivot

1.0830

Our preference

Short positions below 1.0830 with targets at 1.0800 & 1.0785 in extension.

Alternative scenario

Above 1.0830 look for further upside with 1.0845 & 1.0860 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.0830.

Supports and resistances

1.0860

1.0845

1.0830

1.0818 Last

1.0800

1.0785

1.0770

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