EUR/USD Intraday: the upside prevails.

EUR/USD Intraday: the upside prevails.
Pivot: 1.1430

Most likely scenario: long positions above 1.1430 with targets at 1.1485 & 1.1520 in extension.

Alternative scenario: below 1.1430 look for further downside with 1.1400 & 1.1375 as targets.

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

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