EUR/USD may fall 16 - 31 pips

Pivot

1.0915

Our preference

Short positions below 1.0915 with targets at 1.0875 & 1.0860 in extension.

Alternative scenario

Above 1.0915 look for further upside with 1.0940 & 1.0955 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

1.0955

1.0940

1.0915

1.0891 Last

1.0875

1.0860

1.0845

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