EUR/USD may fall 13 - 28 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 1.0910 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

1.0940

1.0925

1.0910

1.0888 Last

1.0875

1.0860

1.0845

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