EUR/USD may fall 19 - 34 pips

Pivot

1.0945

Our preference

Short positions below 1.0945 with targets at 1.0905 & 1.0890 in extension.

Alternative scenario

Above 1.0945 look for further upside with 1.0965 & 1.0985 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

1.0985

1.0965

1.0945

1.0924 Last

1.0905

1.0890

1.0870

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