EUR/USD may rise to 1.1200 - 1.1275

Pivot

1.0880

Our preference

Long positions above 1.0880 with targets at 1.1200 & 1.1275 in extension.

Alternative scenario

Below 1.0880 look for further downside with 1.0780 & 1.0670 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

1.1380

1.1275

1.1200

1.1004 Last

1.0880

1.0780

1.0670

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