EUR/USD Intraday: key resistance at 0.9935.
Pivot:
0.9935
Our preference:
Short positions below 0.9935 with targets at 0.9860 & 0.9835 in extension.
Alternative scenario:
Above 0.9935 look for further upside with 0.9960 & 0.9990 as targets.
Comment:
As long as 0.9935 is resistance, look for choppy price action with a bearish bias.
This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading Central and BTCDana & Forexdana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.