EUR/USD may fall 32 - 46 pips

1.1145 is our pivot point.

Our preference

The downside prevails as long as 1.1145 is resistance.

Alternative scenario

Above 1.1145, look for 1.1168 and 1.1182.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1127 and 1.1123).

Supports and resistances

1.1182 **

1.1168 *

1.1145 **

1.1136

1.1121 last

1.1089

1.1075 **

1.1061 *

1.1047 **

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