EUR/USD may fall 30 - 50 pips

2月1日

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.