EUR/USD Intraday: key resistance at 1.0995.
Pivot:
1.0995
Our preference:
Short positions below 1.0995 with targets at 1.0950 & 1.0930 in extension.
Alternative scenario:
Above 1.0995 look for further upside with 1.1015 & 1.1040 as targets.
Comment:
As long as the resistance at 1.0995 is not surpassed, the risk of the break below 1.0950 remains high.