EUR/USD Intraday: rebound expected.
Pivot:
1.0525
Our preference:
Long positions above 1.0525 with targets at 1.0570 & 1.0590 in extension.
Alternative scenario:
Below 1.0525 look for further downside with 1.0505 & 1.0485 as targets.
Comment:
A support base at 1.0525 has formed and has allowed for a temporary stabilisation.
