EUR/USD may fall 10 - 30 pips

Pivot

1.0815

Our preference

Short positions below 1.0815 with targets at 1.0780 & 1.0760 in extension.

Alternative scenario

Above 1.0815 look for further upside with 1.0840 & 1.0855 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

1.0855

1.0840

1.0815

1.0790 Last

1.0780

1.0760

1.0740

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