EUR/USD may rise 18 - 43 pips

Pivot

1.0875

Our preference

Long positions above 1.0875 with targets at 1.0925 & 1.0950 in extension.

Alternative scenario

Below 1.0875 look for further downside with 1.0855 & 1.0840 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.0980

1.0950

1.0925

1.0907 Last

1.0875

1.0855

1.0840

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