EUR/USD may rise to 1.1275 - 1.1490

Pivot

1.0650

Our preference

Long positions above 1.0650 with targets at 1.1275 & 1.1490 in extension.

Alternative scenario

Below 1.0650 look for further downside with 1.0500 & 1.0270 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.1670

1.1490

1.1275

1.1155 Last

1.0650

1.0500

1.0270

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