EUR/USD may rise 26 - 41 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

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.1230

1.1215

1.1200

1.1174 Last

1.1165

1.1150

1.1135

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