EUR/USD may rise 18 - 43 pips

Pivot

1.0880

Our preference

Long positions above 1.0880 with targets at 1.0925 & 1.0950 in extension.

Alternative scenario

Below 1.0880 look for further downside with 1.0860 & 1.0840 as targets.

Comment

The break above 1.0880 is a positive signal that has opened a path to 1.0925.

Supports and resistances

1.0980

1.0950

1.0925

1.0907 Last

1.0880

1.0860

1.0840

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