EUR/USD may fall 15 - 30 pips

Pivot

1.0950

Our preference

Short positions below 1.0950 with targets at 1.0915 & 1.0900 in extension.

Alternative scenario

Above 1.0950 look for further upside with 1.0965 & 1.0980 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

1.0980

1.0965

1.0950

1.0930 Last

1.0915

1.0900

1.0885

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