EUR/USD may rise 9 - 29 pips

Pivot

1.0890

Our preference

Long positions above 1.0890 with targets at 1.0920 & 1.0940 in extension.

Alternative scenario

Below 1.0890 look for further downside with 1.0870 & 1.0855 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

1.0970

1.0940

1.0920

1.0911 Last

1.0890

1.0870

1.0855

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