EUR/USD Intraday: consolidation.

EUR/USD Intraday: consolidation.
Pivot: 1.1490

Most likely scenario: short positions below 1.1490 with targets at 1.1455 & 1.1435 in extension.

Alternative scenario: above 1.1490 look for further upside with 1.1515 & 1.1540 as targets.

Comment: as long as the resistance at 1.1490 is not surpassed, the risk of the break below 1.1455 remains high.

Leave a Reply