EUR/USD may fall 11 - 31 pips

Pivot

1.0810

Our preference

Short positions below 1.0810 with targets at 1.0775 & 1.0755 in extension.

Alternative scenario

Above 1.0810 look for further upside with 1.0830 & 1.0850 as targets.

Comment

A break below 1.0775 would trigger a drop towards 1.0755.

Supports and resistances

1.0850

1.0830

1.0810

1.0786 Last

1.0775

1.0755

1.0735

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