EUR/USD may fall 17 - 32 pips

Pivot

1.0865

Our preference

Short positions below 1.0865 with targets at 1.0840 & 1.0825 in extension.

Alternative scenario

Above 1.0865 look for further upside with 1.0880 & 1.0895 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.0865.

Supports and resistances

1.0895

1.0880

1.0865

1.0857 Last

1.0840

1.0825

1.0810

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