EUR/USD may fall 26 - 46 pips

Pivot

1.0810

Our preference

Short positions below 1.0810 with targets at 1.0755 & 1.0735 in extension.

Alternative scenario

Above 1.0810 look for further upside with 1.0825 & 1.0835 as targets.

Comment

The break below the support at 1.0810 triggered a downward acceleration to 1.0735.

Supports and resistances

1.0835

1.0825

1.0810

1.0781 Last

1.0755

1.0735

1.0715

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