EUR/USD may rise 12 - 27 pips

Pivot

1.0810

Our preference

Long positions above 1.0810 with targets at 1.0835 & 1.0850 in extension.

Alternative scenario

Below 1.0810 look for further downside with 1.0795 & 1.0780 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

1.0870

1.0850

1.0835

1.0823 Last

1.0810

1.0795

1.0780

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