EUR/USD may rise 12 - 27 pips

Pivot

1.0860

Our preference

Long positions above 1.0860 with targets at 1.0900 & 1.0915 in extension.

Alternative scenario

Below 1.0860 look for further downside with 1.0845 & 1.0825 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.0930

1.0915

1.0900

1.0888 Last

1.0860

1.0845

1.0825

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