EUR/USD may fall 10 - 25 pips

Pivot

1.0815

Our preference

Short positions below 1.0815 with targets at 1.0785 & 1.0770 in extension.

Alternative scenario

Above 1.0815 look for further upside with 1.0835 & 1.0855 as targets.

Comment

A break below 1.0785 would trigger a drop towards 1.0770.

Supports and resistances

1.0855

1.0835

1.0815

1.0795 Last

1.0785

1.0770

1.0755

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