EUR/USD may fall 33 - 53 pips

Pivot

1.0815

Our preference

Short positions below 1.0815 with targets at 1.0755 & 1.0735 in extension.

Alternative scenario

Above 1.0815 look for further upside with 1.0835 & 1.0850 as targets.

Comment

The break below 1.0815 is a negative signal that has opened a path to 1.0755.

Supports and resistances

1.0850

1.0835

1.0815

1.0788 Last

1.0755

1.0735

1.0715

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