EUR/USD may fall 19 - 34 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

The upward potential is likely to be limited by the resistance at 1.0945.

Supports and resistances

1.0975

1.0960

1.0945

1.0934 Last

1.0915

1.0900

1.0885

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