EUR/USD Intraday: the downside prevails.
Pivot:
1.1550
Our preference:
Short positions below 1.1550 with targets at 1.1505 & 1.1485 in extension.
Alternative scenario:
Above 1.1550 look for further upside with 1.1570 & 1.1590 as targets.
Comment:
As long as the resistance at 1.1550 is not surpassed, the risk of the break below 1.1505 remains high.
