EUR/USD Intraday: key resistance at 1.1740.
Pivot:
1.1740
Our preference:
Short positions below 1.1740 with targets at 1.1700 & 1.1680 in extension.
Alternative scenario:
Above 1.1740 look for further upside with 1.1760 & 1.1775 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 1.1740.
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