EUR/USD may fall 32 - 47 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

As long as the resistance at 1.0915 is not surpassed, the risk of the break below 1.0875 remains high.

Supports and resistances

1.0955

1.0940

1.0915

1.0907 Last

1.0875

1.0860

1.0845

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