EUR/USD may fall 18 - 33 pips

Pivot

1.0945

Our preference

Short positions below 1.0945 with targets at 1.0915 & 1.0900 in extension.

Alternative scenario

Above 1.0945 look for further upside with 1.0960 & 1.0975 as targets.

Comment

As long as the resistance at 1.0945 is not surpassed, the risk of the break below 1.0915 remains high.

Supports and resistances

1.0975

1.0960

1.0945

1.0933 Last

1.0915

1.0900

1.0885

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