EUR/USD Intraday: key resistance at 1.0490.
Pivot:
1.0490
Our preference:
Short positions below 1.0490 with targets at 1.0445 & 1.0430 in extension.
Alternative scenario:
Above 1.0490 look for further upside with 1.0510 & 1.0530 as targets.
Comment:
As long as the resistance at 1.0490 is not surpassed, the risk of the break below 1.0445 remains high.