EUR/USD may rise to 1.0915 - 1.1000

Pivot

1.0720

Our preference

Long positions above 1.0720 with targets at 1.0915 & 1.1000 in extension.

Alternative scenario

Below 1.0720 look for further downside with 1.0600 & 1.0515 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

1.1140

1.1000

1.0915

1.0845 Last

1.0720

1.0600

1.0515

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