EUR/USD Intraday: the bias remains bullish.
Pivot:
1.0580
Our preference:
Long positions above 1.0580 with targets at 1.0655 & 1.0675 in extension.
Alternative scenario:
Below 1.0580 look for further downside with 1.0550 & 1.0525 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.