EUR/USD Intraday: the downside prevails.
Pivot:
1.0700
Our preference:
Short positions below 1.0700 with targets at 1.0640 & 1.0620 in extension.
Alternative scenario:
Above 1.0700 look for further upside with 1.0720 & 1.0740 as targets.
Comment:
The RSI is bearish and calls for further decline.