EUR/USD may rise 15 - 35 pips

Pivot

1.1105

Our preference

Long positions above 1.1105 with targets at 1.1150 & 1.1170 in extension.

Alternative scenario

Below 1.1105 look for further downside with 1.1090 & 1.1075 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

1.1190

1.1170

1.1150

1.1135 Last

1.1105

1.1090

1.1075

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