EUR/USD Intraday: the downside prevails.
Pivot:
1.1765
Our preference:
Short positions below 1.1765 with targets at 1.1720 & 1.1700 in extension.
Alternative scenario:
Above 1.1765 look for further upside with 1.1790 & 1.1810 as targets.
Comment:
As long as the resistance at 1.1765 is not surpassed, the risk of the break below 1.1720 remains high.
