EUR/USD may rise 17 - 32 pips

Pivot

1.1165

Our preference

Long positions above 1.1165 with targets at 1.1200 & 1.1215 in extension.

Alternative scenario

Below 1.1165 look for further downside with 1.1150 & 1.1135 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

1.1230

1.1215

1.1200

1.1183 Last

1.1165

1.1150

1.1135

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