EUR/USD Could Fall 15-25 Pips
Pivot Point
1.1680
Trading Strategy
Below 1.1680, bearish, with target prices at 1.1645, then 1.1635.
Alternative Strategy
Above 1.1680, bullish, with target prices set at 1.1700, then 1.1720.
Technical Commentary
The RSI technical indicator is bearish and has room for further decline.
Support and Resistance Levels
1.1720
1.1700
1.1680
1.1660 closing price
1.1645
1.1635
1.1620
The number of asterisks represents the strength of the support and resistance levels.