EUR/USD may fall to 1.0515 - 1.0600

ST: capped by a negative trend line.

Pivot

1.0800

Our preference

Short positions below 1.0800 with targets at 1.0600 & 1.0515 in extension.

Alternative scenario

Above 1.0800 look for further upside with 1.0885 & 1.1015 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

1.1015

1.0885

1.0800

1.0786 Last

1.0600

1.0515

1.0450

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

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