EUR/USD may fall 19 - 34 pips

Pivot

1.0910

Our preference

Short positions below 1.0910 with targets at 1.0875 & 1.0860 in extension.

Alternative scenario

Above 1.0910 look for further upside with 1.0925 & 1.0940 as targets.

Comment

As long as the resistance at 1.0910 is not surpassed, the risk of the break below 1.0875 remains high.

Supports and resistances

1.0940

1.0925

1.0910

1.0894 Last

1.0875

1.0860

1.0845

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