Euro / U.S. DollarShort
EUR/USD may fall 30 - 50 pips
Pivot
1.0845
Our preference
Short positions below 1.0845 with targets at 1.0780 & 1.0760 in extension.
Alternative scenario
Above 1.0845 look for further upside with 1.0865 & 1.0885 as targets.
Comment
The RSI shows downside momentum.
Supports and resistances
1.0885
1.0865
1.0845
1.0810 Last
1.0780
1.0760
1.0740
Number of asterisks represents the strength of support and resistance levels.
1.0845
Our preference
Short positions below 1.0845 with targets at 1.0780 & 1.0760 in extension.
Alternative scenario
Above 1.0845 look for further upside with 1.0865 & 1.0885 as targets.
Comment
The RSI shows downside momentum.
Supports and resistances
1.0885
1.0865
1.0845
1.0810 Last
1.0780
1.0760
1.0740
Number of asterisks represents the strength of support and resistance levels.
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