EUR/USD Intraday: bullish bias above 0.9950.
Pivot:
0.9950
Our preference:
Long positions above 0.9950 with targets at 1.0020 & 1.0040 in extension.
Alternative scenario:
Below 0.9950 look for further downside with 0.9930 & 0.9910 as targets.
Comment:
The RSI lacks downward momentum.
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