EUR/USD may fall 17 - 37 pips

Pivot

1.1030

Our preference

Short positions below 1.1030 with targets at 1.0990 & 1.0970 in extension.

Alternative scenario

Above 1.1030 look for further upside with 1.1045 & 1.1060 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

1.1060

1.1045

1.1030

1.1007 Last

1.0990

1.0970

1.0950

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