EUR/USD may fall 20 - 35 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

The RSI lacks momentum.

Supports and resistances

1.1215

1.1200

1.1185

1.1170 Last

1.1150

1.1135

1.1120

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