EUR/USD may rise 27 - 52 pips

Pivot

1.0880

Our preference

Long positions above 1.0880 with targets at 1.0945 & 1.0970 in extension.

Alternative scenario

Below 1.0880 look for further downside with 1.0850 & 1.0830 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

1.0990

1.0970

1.0945

1.0918 Last

1.0880

1.0850

1.0830

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