EUR/USD Intraday: consolidation.

EUR/USD Intraday: consolidation.
Pivot: 1.1285

Our preference: short positions below 1.1285 with targets at 1.1260 & 1.1245 in extension.

Alternative scenario: above 1.1285 look for further upside with 1.1300 & 1.1320 as targets.

Comment: as long as 1.1285 is resistance, look for choppy price action with a bearish bias.

 

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