EUR/USD may rise 14 - 24 pips

Pivot

1.0845

Our preference

Long positions above 1.0845 with targets at 1.0875 & 1.0885 in extension.

Alternative scenario

Below 1.0845 look for further downside with 1.0825 & 1.0805 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

1.0895

1.0885

1.0875

1.0861 Last

1.0845

1.0825

1.0805

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