EURUSD

Pivot: 1.0965

Most Likely Scenario: Long positions above 1.0965 with targets @ 1.1055 & 1.11 in extension.

Alternative scenario: Below 1.0965 look for further downside with 1.091 & 1.0865 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Also on:

Disclaimer