EUR/USD Intraday: bullish bias above 1.0770.
Pivot:
1.0770
Our preference:
Long positions above 1.0770 with targets at 1.0815 & 1.0830 in extension.
Alternative scenario:
Below 1.0770 look for further downside with 1.0755 & 1.0740 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.