EUR/USD may rise 14 - 34 pips

Pivot

1.0830

Our preference

Long positions above 1.0830 with targets at 1.0865 & 1.0885 in extension.

Alternative scenario

Below 1.0830 look for further downside with 1.0810 & 1.0790 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

1.0900

1.0885

1.0865

1.0851 Last

1.0830

1.0810

1.0790

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