EUR/USD may rise 22 - 37 pips

Pivot

1.1000

Our preference

Long positions above 1.1000 with targets at 1.1045 & 1.1060 in extension.

Alternative scenario

Below 1.1000 look for further downside with 1.0985 & 1.0970 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.1075

1.1060

1.1045

1.1023 Last

1.1000

1.0985

1.0970

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