EUR/USD may rise 15 - 30 pips

Pivot

1.0870

Our preference

Long positions above 1.0870 with targets at 1.0905 & 1.0920 in extension.

Alternative scenario

Below 1.0870 look for further downside with 1.0855 & 1.0840 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

1.0935

1.0920

1.0905

1.0890 Last

1.0870

1.0855

1.0840

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