EUR/USD may rise to 1.1140 - 1.1275

Pivot

1.0950

Our preference

Long positions above 1.0950 with targets at 1.1140 & 1.1275 in extension.

Alternative scenario

Below 1.0950 look for further downside with 1.0880 & 1.0775 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.1475

1.1275

1.1140

1.1114 Last

1.0950

1.0880

1.0775

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