EUR/USD Intraday: watch 1.1580.
Pivot:
1.1650
Our preference:
Short positions below 1.1650 with targets at 1.1605 & 1.1580 in extension.
Alternative scenario:
Above 1.1650 look for further upside with 1.1670 & 1.1690 as targets.
Comment:
As long as the resistance at 1.1650 is not surpassed, the risk of the break below 1.1605 remains high.
