EUR/USD may rise 6 - 21 pips

Pivot

1.1020

Our preference

Long positions above 1.1020 with targets at 1.1045 & 1.1060 in extension.

Alternative scenario

Below 1.1020 look for further downside with 1.1005 & 1.0985 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.1075

1.1060

1.1045

1.1039 Last

1.1020

1.1005

1.0985

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