EUR/USD may fall 20 - 45 pips

Pivot

1.1145

Our preference

Short positions below 1.1145 with targets at 1.1095 & 1.1070 in extension.

Alternative scenario

Above 1.1145 look for further upside with 1.1160 & 1.1175 as targets.

Comment

A break below 1.1095 would trigger a drop towards 1.1070.

Supports and resistances

1.1175

1.1160

1.1145

1.1115 Last

1.1095

1.1070

1.1050

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