EUR/USD Intraday: bullish bias above 1.0850.
Pivot:
1.0850
Our preference:
Long positions above 1.0850 with targets at 1.0890 & 1.0910 in extension.
Alternative scenario:
Below 1.0850 look for further downside with 1.0830 & 1.0810 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.