EUR/USD may rise 17 - 32 pips

Pivot

1.0905

Our preference

Long positions above 1.0905 with targets at 1.0950 & 1.0965 in extension.

Alternative scenario

Below 1.0905 look for further downside with 1.0890 & 1.0875 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

1.0980

1.0965

1.0950

1.0933 Last

1.0905

1.0890

1.0875

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