EUR/USD may rise 13 - 33 pips

Pivot

1.0745

Our preference

Long positions above 1.0745 with targets at 1.0780 & 1.0800 in extension.

Alternative scenario

Below 1.0745 look for further downside with 1.0730 & 1.0710 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

1.0815

1.0800

1.0780

1.0767 Last

1.0745

1.0730

1.0710

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