EUR/USD may rise 24 - 44 pips

Pivot

1.0965

Our preference

Long positions above 1.0965 with targets at 1.1020 & 1.1040 in extension.

Alternative scenario

Below 1.0965 look for further downside with 1.0945 & 1.0930 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.1060

1.1040

1.1020

1.0996 Last

1.0965

1.0945

1.0930

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