EUR/USD may rise 7 - 22 pips

Pivot

1.0825

Our preference

Long positions above 1.0825 with targets at 1.0845 & 1.0860 in extension.

Alternative scenario

Below 1.0825 look for further downside with 1.0805 & 1.0790 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.0875

1.0860

1.0845

1.0838 Last

1.0825

1.0805

1.0790

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