EUR/USD may rise 12 - 27 pips

Pivot

1.0825

Our preference

Long positions above 1.0825 with targets at 1.0855 & 1.0870 in extension.

Alternative scenario

Below 1.0825 look for further downside with 1.0810 & 1.0795 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

1.0885

1.0870

1.0855

1.0843 Last

1.0825

1.0810

1.0795

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