EUR/USD Intraday: bullish bias above 1.1210.
Pivot:
1.1210
Our preference:
Long positions above 1.1210 with targets at 1.1265 & 1.1285 in extension.
Alternative scenario:
Below 1.1210 look for further downside with 1.1190 & 1.1170 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.