EUR/USD may fall 24 - 39 pips

Pivot

1.1140

Our preference

Short positions below 1.1140 with targets at 1.1105 & 1.1090 in extension.

Alternative scenario

Above 1.1140 look for further upside with 1.1160 & 1.1175 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.1175

1.1160

1.1140

1.1129 Last

1.1105

1.1090

1.1075

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