EUR/USD may fall 19 - 39 pips

Pivot

1.0935

Our preference

Short positions below 1.0935 with targets at 1.0900 & 1.0880 in extension.

Alternative scenario

Above 1.0935 look for further upside with 1.0950 & 1.0965 as targets.

Comment

As long as the resistance at 1.0935 is not surpassed, the risk of the break below 1.0900 remains high.

Supports and resistances

1.0965

1.0950

1.0935

1.0919 Last

1.0900

1.0880

1.0860

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