EUR/USD may rise 29 - 44 pips

Pivot

1.0905

Our preference

Long positions above 1.0905 with targets at 1.0945 & 1.0960 in extension.

Alternative scenario

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

Comment

The RSI lacks downward momentum.

Supports and resistances

1.0975

1.0960

1.0945

1.0916 Last

1.0905

1.0890

1.0875

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