EUR/USD may rise to 1.0950 - 1.1000

Pivot

1.0800

Our preference

Long positions above 1.0800 with targets at 1.0950 & 1.1000 in extension.

Alternative scenario

Below 1.0800 look for further downside with 1.0740 & 1.0660 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.1140

1.1000

1.0950

1.0884 Last

1.0800

1.0740

1.0660

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