EUR/USD Intraday: continuation of the rebound.
Pivot:
1.0550
Our preference:
Long positions above 1.0550 with targets at 1.0595 & 1.0615 in extension.
Alternative scenario:
Below 1.0550 look for further downside with 1.0530 & 1.0515 as targets.
Comment:
The RSI shows upside momentum.