EUR/USD may rise 23 - 43 pips

Pivot

1.0985

Our preference

Long positions above 1.0985 with targets at 1.1030 & 1.1050 in extension.

Alternative scenario

Below 1.0985 look for further downside with 1.0960 & 1.0940 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.1080

1.1050

1.1030

1.1007 Last

1.0985

1.0960

1.0940

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