EUR/USD may rise 14 - 24 pips

Pivot

1.0840

Our preference

Long positions above 1.0840 with targets at 1.0875 & 1.0885 in extension.

Alternative scenario

Below 1.0840 look for further downside with 1.0825 & 1.0810 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.0900

1.0885

1.0875

1.0861 Last

1.0840

1.0825

1.0810

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