EUR/USD may fall 13 - 23 pips

Pivot

1.0890

Our preference

Short positions below 1.0890 with targets at 1.0870 & 1.0860 in extension.

Alternative scenario

Above 1.0890 look for further upside with 1.0905 & 1.0915 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.0915

1.0905

1.0890

1.0883 Last

1.0870

1.0860

1.0845

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