EUR/USD may fall 17 - 32 pips

Pivot

1.0925

Our preference

Short positions below 1.0925 with targets at 1.0890 & 1.0875 in extension.

Alternative scenario

Above 1.0925 look for further upside with 1.0940 & 1.0955 as targets.

Comment

As long as the resistance at 1.0925 is not surpassed, the risk of the break below 1.0890 remains high.

Supports and resistances

1.0955

1.0940

1.0925

1.0907 Last

1.0890

1.0875

1.0860

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