EUR/USD may fall 11 - 26 pips

Pivot

1.0790

Our preference

Short positions below 1.0790 with targets at 1.0775 & 1.0760 in extension.

Alternative scenario

Above 1.0790 look for further upside with 1.0805 & 1.0820 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.0820

1.0805

1.0790

1.0786 Last

1.0775

1.0760

1.0745

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