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 calls for a bounce.

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.