EUR/USD may fall 15 - 30 pips

Pivot

1.1185

Our preference

Short positions below 1.1185 with targets at 1.1150 & 1.1135 in extension.

Alternative scenario

Above 1.1185 look for further upside with 1.1200 & 1.1215 as targets.

Comment

As long as the resistance at 1.1185 is not surpassed, the risk of the break below 1.1150 remains high.

Supports and resistances

1.1215

1.1200

1.1185

1.1165 Last

1.1150

1.1135

1.1120

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