EUR/USD may fall 15 - 30 pips

Pivot

1.0930

Our preference

Short positions below 1.0930 with targets at 1.0905 & 1.0890 in extension.

Alternative scenario

Above 1.0930 look for further upside with 1.0945 & 1.0960 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.0930.

Supports and resistances

1.0960

1.0945

1.0930

1.0920 Last

1.0905

1.0890

1.0875

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