EUR/USD may rise 15 - 25 pips

Pivot

1.0855

Our preference

Long positions above 1.0855 with targets at 1.0880 & 1.0890 in extension.

Alternative scenario

Below 1.0855 look for further downside with 1.0845 & 1.0830 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.0900

1.0890

1.0880

1.0865 Last

1.0855

1.0845

1.0830

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