EUR/USD may fall 21 - 36 pips

Pivot

1.0885

Our preference

Short positions below 1.0885 with targets at 1.0840 & 1.0825 in extension.

Alternative scenario

Above 1.0885 look for further upside with 1.0905 & 1.0915 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

1.0915

1.0905

1.0885

1.0861 Last

1.0840

1.0825

1.0810

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