EUR/USD may rise 23 - 38 pips

Pivot

1.0865

Our preference

Long positions above 1.0865 with targets at 1.0915 & 1.0930 in extension.

Alternative scenario

Below 1.0865 look for further downside with 1.0850 & 1.0830 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.0945

1.0930

1.0915

1.0892 Last

1.0865

1.0850

1.0830

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