EUR/USD Intraday: the downside prevails.
Pivot:
1.1265
Our preference:
Short positions below 1.1265 with targets at 1.1195 & 1.1170 in extension.
Alternative scenario:
Above 1.1265 look for further upside with 1.1290 & 1.1315 as targets.
Comment:
As long as the resistance at 1.1265 is not surpassed, the risk of the break below 1.1195 remains high.