EUR/USD may fall 18 - 33 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

The upward potential is likely to be limited by the resistance at 1.0815.

Supports and resistances

1.0855

1.0835

1.0815

1.0803 Last

1.0785

1.0770

1.0755

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