EUR/USD may fall 15 - 30 pips

Pivot

1.0960

Our preference

Short positions below 1.0960 with targets at 1.0925 & 1.0910 in extension.

Alternative scenario

Above 1.0960 look for further upside with 1.0975 & 1.0995 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

1.0995

1.0975

1.0960

1.0940 Last

1.0925

1.0910

1.0890

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