EUR/USD may rise 15 - 35 pips

Pivot

1.0845

Our preference

Long positions above 1.0845 with targets at 1.0880 & 1.0900 in extension.

Alternative scenario

Below 1.0845 look for further downside with 1.0825 & 1.0810 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

1.0915

1.0900

1.0880

1.0865 Last

1.0845

1.0825

1.0810

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