EUR/USD may rise 11 - 36 pips

Pivot

1.0830

Our preference

Long positions above 1.0830 with targets at 1.0860 & 1.0885 in extension.

Alternative scenario

Below 1.0830 look for further downside with 1.0815 & 1.0805 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.0900

1.0885

1.0860

1.0849 Last

1.0830

1.0815

1.0805

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