EUR/USD may rise 13 - 28 pips

Pivot

1.0815

Our preference

Long positions above 1.0815 with targets at 1.0845 & 1.0860 in extension.

Alternative scenario

Below 1.0815 look for further downside with 1.0800 & 1.0785 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

1.0880

1.0860

1.0845

1.0832 Last

1.0815

1.0800

1.0785

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