EUR/USD may rise to 1.1015 - 1.1140

Pivot

1.0710

Our preference

Long positions above 1.0710 with targets at 1.1015 & 1.1140 in extension.

Alternative scenario

Below 1.0710 look for further downside with 1.0600 & 1.0515 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

1.1270

1.1140

1.1015

1.0851 Last

1.0710

1.0600

1.0515

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