EUR/USD may rise 11 - 26 pips

Pivot

1.0880

Our preference

Long positions above 1.0880 with targets at 1.0915 & 1.0930 in extension.

Alternative scenario

Below 1.0880 look for further downside with 1.0860 & 1.0845 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.0950

1.0930

1.0915

1.0904 Last

1.0880

1.0860

1.0845

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