EUR/USD may rise 8 - 33 pips

Pivot

1.0830

Our preference

Long positions above 1.0830 with targets at 1.0860 & 1.0885 in extension.

Alternative scenario

Below 1.0830 look for further downside with 1.0810 & 1.0785 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.0900

1.0885

1.0860

1.0852 Last

1.0830

1.0810

1.0785

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