EUR/USD may rise 15 - 30 pips

Pivot

1.1005

Our preference

Long positions above 1.1005 with targets at 1.1045 & 1.1060 in extension.

Alternative scenario

Below 1.1005 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

1.1030 Last

1.1005

1.0985

1.0970

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