EUR/USD Intraday: key resistance at 1.1270.
Pivot:
1.1270
Our preference:
Short positions below 1.1270 with targets at 1.1225 & 1.1210 in extension.
Alternative scenario:
Above 1.1270 look for further upside with 1.1285 & 1.1300 as targets.
Comment:
As long as the resistance at 1.1270 is not surpassed, the risk of the break below 1.1225 remains high.
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