EUR/USD Intraday: bullish bias above 1.1280.
Pivot:
1.1280
Our preference:
Long positions above 1.1280 with targets at 1.1330 & 1.1345 in extension.
Alternative scenario:
Below 1.1280 look for further downside with 1.1265 & 1.1250 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited
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