EUR/USD may fall 10 - 30 pips

Pivot

1.0900

Our preference

Short positions below 1.0900 with targets at 1.0875 & 1.0855 in extension.

Alternative scenario

Above 1.0900 look for further upside with 1.0915 & 1.0930 as targets.

Comment

As long as the resistance at 1.0900 is not surpassed, the risk of the break below 1.0875 remains high.

Supports and resistances

1.0930

1.0915

1.0900

1.0885 Last

1.0875

1.0855

1.0840

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