EUR/USD Intraday: bullish bias above 1.0960.
Pivot:
1.0960
Our preference:
Long positions above 1.0960 with targets at 1.1040 & 1.1065 in extension.
Alternative scenario:
Below 1.0960 look for further downside with 1.0935 & 1.0910 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.