EUR/USD may fall to 1.0450 - 1.0515

ST: break of a ST rising trendline support.

Pivot

1.0885

Our preference

Short positions below 1.0885 with targets at 1.0515 & 1.0450 in extension.

Alternative scenario

Above 1.0885 look for further upside with 1.1015 & 1.1140 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

1.1140

1.1015

1.0885

1.0626 Last

1.0515

1.0450

1.0370

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

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