EUR/USD Intraday: the downside prevails.
Pivot:
0.9950
Our preference:
Short positions below 0.9950 with targets at 0.9880 & 0.9850 in extension.
Alternative scenario:
Above 0.9950 look for further upside with 0.9975 & 1.0000 as targets.
Comment:
The RSI is bearish and calls for further decline.
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