EUR/USD Intraday: consolidation.
Pivot:
0.9850
Our preference:
Short positions below 0.9850 with targets at 0.9755 & 0.9730 in extension.
Alternative scenario:
Above 0.9850 look for further upside with 0.9880 & 0.9920 as targets.
Comment:
As long as 0.9850 is resistance, look for choppy price action with a bearish bias.
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