EUR/USD may rise 14 - 29 pips

Pivot

1.1105

Our preference

Long positions above 1.1105 with targets at 1.1140 & 1.1155 in extension.

Alternative scenario

Below 1.1105 look for further downside with 1.1090 & 1.1070 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

1.1170

1.1155

1.1140

1.1126 Last

1.1105

1.1090

1.1070

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