EUR/USD may rise 7 - 17 pips

Pivot

1.0695

Our preference

Long positions above 1.0695 with targets at 1.0720 & 1.0730 in extension.

Alternative scenario

Below 1.0695 look for further downside with 1.0680 & 1.0665 as targets.

Comment

The break above 1.0695 is a positive signal that has opened a path to 1.0720.

Supports and resistances

1.0750

1.0730

1.0720

1.0713 Last

1.0695

1.0680

1.0665

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