EUR/USD

EUR/USD Intraday: intraday support around 1.1575.
Pivot: 1.1575

Most likely scenario: long positions above 1.1575 with targets at 1.1605 & 1.1620 in extension.

Alternative scenario: below 1.1575 look for further downside with 1.1555 & 1.1525 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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