EUR/USD may rise 56 - 86 pips

Pivot

1.0900

Our preference

Long positions above 1.0900 with targets at 1.1000 & 1.1030 in extension.

Alternative scenario

Below 1.0900 look for further downside with 1.0880 & 1.0850 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.1065

1.1030

1.1000

1.0944 Last

1.0900

1.0880

1.0850

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