EUR/USD may rise 20 - 35 pips

Pivot

1.0875

Our preference

Long positions above 1.0875 with targets at 1.0920 & 1.0935 in extension.

Alternative scenario

Below 1.0875 look for further downside with 1.0860 & 1.0845 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

1.0950

1.0935

1.0920

1.0900 Last

1.0875

1.0860

1.0845

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