EUR/USD Intraday: bullish bias above 1.1600.
Pivot:
1.1600
Our preference:
Long positions above 1.1600 with targets at 1.1645 & 1.1665 in extension.
Alternative scenario:
Below 1.1600 look for further downside with 1.1580 & 1.1560 as targets.
Comment:
A support base at 1.1600 has formed and has allowed for a temporary stabilisation.
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