EUR/USD Intraday: the downside prevails.
Pivot:
1.1600
Our preference:
Short positions below 1.1600 with targets at 1.1540 & 1.1520 in extension.
Alternative scenario:
Above 1.1600 look for further upside with 1.1630 & 1.1650 as targets.
Comment:
The RSI is bearish and calls for further downside.
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