EUR/USD may rise 24 - 49 pips

Pivot

1.0930

Our preference

Long positions above 1.0930 with targets at 1.0980 & 1.1005 in extension.

Alternative scenario

Below 1.0930 look for further downside with 1.0910 & 1.0890 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

1.1020

1.1005

1.0980

1.0956 Last

1.0930

1.0910

1.0890

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