EUR/USD Intraday: the downside prevails.
Pivot:
1.1390
Our preference:
Short positions below 1.1390 with targets at 1.1330 & 1.1310 in extension.
Alternative scenario:
Above 1.1390 look for further upside with 1.1410 & 1.1430 as targets.
Comment:
As long as the resistance at 1.1390 is not surpassed, the risk of the break below 1.1330 remains high.
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