EUR/USD may fall 10 - 25 pips

Pivot

1.0940

Our preference

Short positions below 1.0940 with targets at 1.0915 & 1.0900 in extension.

Alternative scenario

Above 1.0940 look for further upside with 1.0955 & 1.0970 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.0940.

Supports and resistances

1.0970

1.0955

1.0940

1.0925 Last

1.0915

1.0900

1.0880

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